Correct Answer is : Implies that consumers wants will never be completely satisfied.

Does not apply to rich, developed countries.

Applies only to the less developed countries

Implies that consumers wants will be satisfied in a socialistic system

Implies that consumers wants will never be completely satisfied.

CA CPT Model Test Paper 3 with solutions for online practice

Question : 101 of 200

Marks: +1, -0

The law of scarcity:

Go to Question:

Prev Question

Next Question