Multiple Choice
Because of scarcity
A) resources are limitless.
B) wants are limited.
C) choices are unlimited.
D) people face tradeoffs in nearly every choice they make.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q179: An economy exhibits production efficiency if<br>A) it
Q180: In the equation S = 130 -
Q181: Economists never assume that people respond to
Q182: When the individuals who get a good
Q183: If temperature and ice cream sales are
Q185: In the equation Y = e +
Q186: (Figure: Graph Examples) Which graph is an
Q187: Microeconomics looks at how markets are structured.
Q188: Linear relationships show the same slope between
Q189: Information plays an important role in the