IDENTIFICATION OF RESEARCH PROBLEM
RESEARCH PROBLEM
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ arises when the people involved simply do not understand something about the world as wellas they would like; does not have a tangible cost
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consequence
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conceptual problem
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practical problem
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research problem
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Explanation:
Detailed explanation-1: -It state that there is scarcity that is, the availability of limited resources are not enough to satisfy the need want and demand of the society. So the question is that how to control and what to be produced, and how the capital and labor are utilized to remove this type of problems.
Detailed explanation-2: -Relative scarcity describes a situation where a resource is limited in supply, compared to demand. Oil is an example of a product with relative scarcity, as its supply is limited.
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