menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 17
  4. Exam
    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
  5. Question
    ________ Exists Because Unlimited Wants Exceed the Limited Resources Available
Solved

________ Exists Because Unlimited Wants Exceed the Limited Resources Available

Question 130

Question 130

Multiple Choice

________ exists because unlimited wants exceed the limited resources available to fulfill those wants.


A) Scarcity
B) Productive efficiency
C) The command economy
D) Economic growth

Correct Answer:

verifed

Verified

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

Related Questions

Q125: Figure 2-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-4

Q126: Table 2-9<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 2-9

Q127: Horatio can produce either a combination of

Q128: Figure 2-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-1

Q129: The slope of a production possibilities frontier

Q131: Figure 2-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-2

Q132: Which of the following statements about an

Q133: If additional units of a good could

Q134: What causes a production possibilities frontier to

Q135: Table 2-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 2-8

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