Home » Economics » In economic life, choice among alternatives depends on the?In economic life, choice among alternatives depends on the? In economic life, choice among alternatives depends on the? A. income of the decision maker B. scarcity of resources C. scale of preference of the decision maker D. status of the decision maker Correct Answer: Option C Explanation Related Posts If two commodities are good substitutes for one another, e.g butter and margarine,an increase in… The productivity of labour does not depend only o its own effort and efficiency, but… Which of the following is not an objective of the Indigenisaton policy in Nigeria? To A free trade area emerges when? If W stands for wages/salaries, P for profit, R for interest and Z for rent… Inferior goods are referred to in Economics as goods
