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Question
Problem of choice arises when there are _____ .
Options:
A
.
multiple resources having limited uses
B
.
limited resources having multiple uses
C
.
limited resources having limited uses
D
.
multiple resources having multiple uses
Answer: Option B
:
B
The problem of choices arises when there are multiple alternatives and limited resources. In this case, a choice between one or the other has to be made.
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More Questions on This Topic :
Question 1.
The mean of 5 numbers is 18. If one number is excluded, their mean becomes 16. Then the excluded number is....
Question 2.
An app-based taxi company 'Drivo' has the following questions in the feedback form that it gives to its custom....the correct sequence of the questions in the feedback form.
Question 3.
A company X was acquired by another company Y. Company Y came into possession of customer feedback data collected by com....What can be said about the nature of the data?
Question 4.
Which of the following comes under the study of consumption?....
Question 5.
When resources are limited_____.....
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