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Question
Read the following statements carefully and choose the correct alternative from the following:
Statement 1: Human wants are limited, but the means to satisfy them are unlimited. Statement 2: Resources differ in priorities, while human wants have alternative uses.
Options
Both the Statements are True.
Both the Statements are False.
Statement 1 is True & Statement 2 is False.
Statement 2 is True & Statement 1 is False.
MCQ
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Solution
Both statements are false.
Explanation:
Human wants are unlimited and resources are scarce; wants differ in priorities, whereas resources have alternative uses.
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