Multiple Choice
Scarcity exists because
A) of unlimited resources.
B) human wants are enormous relative to the means available to satisfy them.
C) production is limited only by technology and human energy.
D) advertising creates unnatural desires for surplus goods.
Correct Answer:

Verified
Correct Answer:
Verified
Q122: The statement "By the time our grandchildren
Q123: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5852/.jpg" alt=" -Place point C
Q124: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5852/.jpg" alt=" -Which point shows
Q125: Each of the following is an example
Q126: Capital refers to<br>A)"man"-made goods used to produce
Q128: Hypothetical Production Schedule for a Two-Product
Q129: Referring to a production possibilities curve and
Q130: Which of the following is not demonstrated
Q131: Resources include<br>A)land,labor and money.<br>B)entrepreneurship and capital.<br>C)capital and
Q132: A small economy produces only pizzas and