Economics JAMB

The ultimate objectives of economics is to _________?

A. decide under what circumstances that government should intervene in the economy
B. Organize production at the lowest cost
C. Make the best use of scarce resources
D. make efforts to understands how the economy works

Correct Answer:

Option C – Make the best use of scarce resources

AddThis Website Tools
Sunday

Share
Published by
Sunday
Tags: economics

Recent Posts

GCE 301 Theory Questions: Types Of Entrepreneur And Entrepreneurial Skills

300 Level Introduction To Entrepreneurial Skills Practices exam questions and detailed answers. Download the answers…

36 mins ago

GCE 301 Theory Questions: Introduction to Entrepreneurial Skills

300 Level Introduction To Entrepreneurial Skills Practices exam questions and detailed answers. Download the answers…

43 mins ago

GCE 301 Theory Questions: Entrepreneurship Education and SMEs

300 Level Introduction To Entrepreneurial Skills Practices exam questions and detailed answers. Download the answers…

49 mins ago

GCE 302 Theory Questions: Importance Of Continuous Assessment

300 Level Measurement & Evaluation In Educational Practices exam questions and detailed answers. Download the…

2 hours ago

GCE 302 Theory Questions: Classification Of Tests

GCE 302 Theory Questions: ClassificGCE 302 Theory Questions: Classification Of Testsation 300 Level Measurement &…

2 hours ago

GCE 302 Theory Questions: Evaluation & Purposes

300 Level Measurement & Evaluation In Educational Practices exam questions and detailed answers. Download the…

3 hours ago