The decision to consume more of one product under normal cir…

JAMB Economics 2023 53 views

The decision to consume more of one product under normal circumstances will apply

  1. more of another product will be consumed
  2. less of the product will be consumed
  3. no other products will be consumed
  4. less of another product will be consumed ✓

Explanation

This answer correctly explains the economic concept. Economics studies how people make choices about limited resources.

The other options describe different economic ideas or situations. They don’t fit what this question asks.

Remember this economic principle when thinking about money, trade, and how markets work.

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