Economics 9708 · AS & A Level · Scarcity, choice and opportunity cost

Scarcity, choice and opportunity cost — practice question

By 2030, as the human population increases, the world will require at least 50% more food, 45% more energy and 30% more water from the same resources. What does this statement directly suggest?

  • Acomparative advantage
  • Bmerit goods
  • Cnegative externalities
  • Dthe economic problem

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