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प्रश्न
In the following Question, read the following statements and choose the correct alternative:
Statement 1: Scarcity is universal as every individual, organisation and economy faces scarcity of resources.
Statement 2: There would have been no economic problem, if resources were not scarce.
विकल्प
Both the Statements are true.
Both the Statements are false.
Statement 1 is true and Statement 2 is false.
Statement 2 is true and Statement 1 is false.
MCQ
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उत्तर
Both the Statements are true.
Explanation:
Scarcity is universal, affecting individuals, organisations and economies. Since scarcity is the basic reason for economic problems, there would be no economic problem if resources were not scarce.
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