WAEC Economics 2016 Objective — Question 2
Question 2 of 50 from the West African Examinations Council (WAEC) Economics 2016 Objective paper, with the correct answer and a full explanation.
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Scale of preference is important for the following except in
- A. satisfying wantsCorrect
- B. making rational choice
- C. making optimum allocation of resources
- D. using scarce resources efficiently
Explanation
A scale of preference does not satisfy wants but is helpful in making efficient decisions.
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