Multiple Choice
The fundamental problem of economics is
A) The law of increasing opportunity costs.
B) The scarcity of resources relative to human wants.
C) How to get government to operate efficiently.
D) How to create employment for everyone.
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Which of the following is not a
Q82: The production possibilities decrease as more resources
Q94: A city's decision to limit smoking in
Q97: Microeconomics is concerned with individual performance as
Q117: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5715/.jpg" alt=" Figure 1.8 suggests
Q118: Which of the following correctly characterizes the
Q119: A consequence of the economic problem of
Q120: Economics can be defined as the study
Q121: Table 1.1 shows the hypothetical trade-off between
Q127: The Economy Tomorrow on "Harnessing the Sun"