ECONOMICS (CBSE/UGC NET)

ECONOMICS

SCARCITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
There are vast reserves of oil in Saudi Arabia, but it is still considered scarce. Why is this true?
A
It has many uses.
B
It is not desirable.
C
It is inexpensive to purchase.
D
It is expensive to purchase.
Explanation: 
There is 1 question to complete.