CUET Economics - In the course of production, exchange and consumption of goods and services, every society has to face a scarcity of resources; and it is the scarcity of resources that gives rise to the problem of ............. | PYQs + Solutions

CUET Economics 2025 28 May Shift 2

Economics

Easy

Production.

Choices.

Investment.

Consumption.

✅ Correct Option: 2

Related questions:

29 May Shift 1

Positive Economics deals with_______________

30 May Shift 2

Which statement is not true for Adam Smith?

28 May Shift 1

A point outside the Production Possibility Curve represents:

A combination of goods can be produced but resources are underutilized.
A combination of goods can be produced, and the resources are fully utilized.
A combination of goods can not be produced as it is beyond the capacity of the economy.
A combination of goods can be produced and resources are appropriately utilized.

CUET Economics 2025 28 May Shift 2 PYQs