menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Agricultural Economics
  4. Exam
    Exam 1: Introduction to the Economics of Agriculture
  5. Question
    Write an Essay That Explains the Phrase, "Scarcity Forces Us
Solved

Write an Essay That Explains the Phrase, "Scarcity Forces Us

Question 44

Question 44

Essay

Write an essay that explains the phrase, "scarcity forces us to choose." Why is scarcity the fundamental idea behind economics? Explain thoroughly and completely.

Correct Answer:

Answered by ExamLex AI

Answered by ExamLex AI

Scarcity forces us to choose because it ...

View Answer

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

Related Questions

Q39: North Korea is an example of a:<br>A)

Q40: Write an essay that explains the difference

Q41: Economic decisions are made by:<br>A) relative prices<br>B)

Q42: The statement, "Gambling is legal in Nevada"

Q43: Most farm families:<br>A) rely on off-farm income<br>B)

Q45: Draw a circular flow diagram of a

Q46: A producer is:<br>A) an individual who makes

Q47: Mechanization of agriculture has:<br>A) eliminated millions of

Q48: The payment to capital is:<br>A) land<br>B) profit<br>C)

Q49: The massive consolidation of farms in the

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