Question on: JAMB Economics - 2022
A major characteristic of natural resources is they
A
are unlimited in supply
B
have high cost of production
C
are free gifts of nature
D
do not command any price
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Correct Option: C
Option C is the correct answer.
Unlike man-made resources, which are produced by humans, natural resources exist naturally. Natural resources are products of nature and cannot be attributed to human activity.
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