Multiple Choice
Which of the following must cope with scarcity?
A) Individuals
B) Companies
C) Governments
D) Families
E) All of the responses are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q21: A society can occasionally produce at a
Q22: The principle of comparative advantage explains specialization
Q23: Market economies are not constrained by scarcity;
Q24: The market system provides a way<br>A)to allow
Q25: A production possibilities frontier shows the combinations
Q27: Opportunity cost always arises when a trade-off
Q28: Do markets solve all of society's problems?<br>A)Yes,
Q29: Economists define "efficiency" as the absence of
Q30: Economics only applies to<br>A)decision making by households.<br>B)decision
Q31: In order to make an optimal choice,