Question

Which of the following is not concerned with problem of choice (a) Excessive Income (b) Alternative use of resourcesc(c) Unlimited wants (d) Limited(scarce) resources.

Answer 1

Answer:

1

Normally the problem of choice arises when the income is limited and people have wants that are unlimited. Due to this reason they must choose and leave the the other things. ... But if the there is change in income and there is excessive income then he is not concerned with problem of choice.

Explanation:

2

When there is excessive income in the economy then a large part of it is spent on consumption of goods and services and its a human tendency that human needs are unlimited, so when the selection is done between various commodities in the market it is very difficult for all the consumers to decide the product being rational so they face problems inchoosing the product.

Answer 2

Answer:

the rool t ttt yeet eyegeyeg ateeteyg(a)