menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Theory with Applications
  4. Exam
    Exam 2: A Theory of Preferences
  5. Question
    Which of the Following Is a Scarce Commodity
Solved

Which of the Following Is a Scarce Commodity

Question 74

Question 74

Multiple Choice

Which of the following is a scarce commodity?


A) fresh air
B) stock market advice
C) air
D) pollution

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q69: If an indifference curve is convex, the

Q70: If the marginal rate of substitution is

Q71: The slope of an indifference curve reflects:<br>A)the

Q72: If we consider the bundles A =

Q73: Tim consumes goods x and y. His

Q75: If people regard pollution as a bad

Q76: Explain the difference between ordinal and cardinal

Q77: Given the following utility function, U(x<sub>1</sub>,x<sub>2</sub>)= x<sub>1</sub><sub>

Q78: Utility functions assign a:<br>A)preference ordering to each

Q79: Is an indifference curve defined as a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines