Multiple Choice
What is economics primarily the study of?
A) how firms compete for profits in the marketplace
B) how limited resources are allocated to satisfy unlimited wants
C) how we deal with unemployed resources
D) how prices are set in the marketplace
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q277: What do economists mean when they state
Q278: What is the solution to solving the
Q279: What does the term "ceteris paribus" mean
Q280: What is the likely reason that airlines
Q281: In a market economy, what groups decide
Q283: Which of the following statements about the
Q284: In a parliamentary debate about agricultural price
Q285: A scientist is trying to test a
Q286: What does microeconomics primarily examine?<br>A) the behaviour
Q287: Economics has much in common with sociology