Which of the main factor is responsible to create economic problems in society? Option 1: Resources are costly Option 2: Unlimited wants and surplus resources Option 3: Unlimited wants and scare resources Option 4: High density of population

The answer is 'Unlimited wants and scare resources'. View full solution:

CUET Economics - Which of the main factor is responsible to create economic problems in society? | PYQs + Solutions

CUET Economics 2023 20 June Shift 1

Micro

Easy

Resources are costly

Unlimited wants and surplus resources

Unlimited wants and scare resources

High density of population

✅ Correct Option: 3