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Economics · Oct / Nov 2024 · Paper 12 · Question 1

2281The nature of the basic economic problem

Which economic question is least likely to arise as a result of scarcity?

  1. AFor whom will we produce?
  2. BHow will we produce?
  3. CWhat will we produce?
  4. DWhen will we produce?

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Correct answer: D. When will we produce?

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