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A major characteristic of natural resources is they

Economics
JAMB 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 Answer: Option C
Explanation

Natural resources exist naturally unlike man made resources that are created by human beings. The existence of natural resources is not attributed to any human activities, they are acts of nature.

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