Economics · May / June 2025 · Paper 12 · Question 1
A university rejects 2000 qualified applicants who wish to study there. Which factor of production could have caused the university to make this decision?
- Ainfinite quantity of capital
- Bscarcity of labour
- Csurplus of land
- Dunlimited supply of enterprise
As printed in the paper
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Correct answer: B. scarcity of labour
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