O-LevelEconomicsThe basic economic problem2281/12 · Oct/Nov 2018 · Q21 Mark
What do economies aim to achieve in tackling the economic problem of scarcity?
Aequal balance between public and private sectors
Bequal reward for equal effort
Cincreased competition in the use of resources
Doptimum allocation of finite resources
✓ Correct answer
D: optimum allocation of finite resources
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