Course Code nss412 Question The set of rules that govern how scarce resources are used to produce goods and services that satisfy human wants is called ______ Answer Economic systems Question NHIS establishment was informed by one of the following reasons EXCEPT Answer Over professionalism of health care workers Question The increase in sales or service tax will cause a corresponding ______ in cost of goods and services Answer Increase Question The quantity of product that consumers will purchase at each possible price is called ______ Answer Demand Question If the price of a product increases, if is expected that the quantity of product supplied will _____ Answer Increase Question When an individual makes a choice and gives up the value of the second best for the first choice made. He is said to have made _________ Answer A rational choice Question The benefit consumers get from the purchase of goods and services is called _______ Answer Utility Question The following are human basic needs EXCEPT Answer Self-actualization Question The implementation of NHIS is planned to be in phases to cover which category of Nigerians Answer All of the above Question Which of the following is not a reason why wants of a man change over time? Answer Material things Try Another Search