This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Economics is the study of how people eliminate scarcity. Do you agree or disagree? Why? What will ... (Read 106 times)

washai

  • Hero Member
  • *****
  • Posts: 523
on: Jun 29, 2018
Economics is the study of how people eliminate scarcity. Do you agree or disagree? Why?
 
  What will be an ideal response?

Question 2

An example of third parties in the market of automobiles is
 
  A) a pedestrian that is affected by the polluted air from automobiles.
  B) a producer of automobiles.
  C) a consumer of automobiles.
  D) None of the above belongs to third parties.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

Disagree. Economics is the study of how people make choices because of scarcity. Scarcity cannot be eliminated because people do not ever have enough of everything to satisfy their every desire. Scarcity is a fact of life for both rich and poor.

Answer to Question 2

A


washai

  • Hero Member
  • *****
  • Posts: 523
Reply #2 on: Jun 29, 2018
Correct answers!


blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Vocational interests seem to be established well before adulthood, and young people of all ages ... Vocational interests seem to be established well before adulthood, and young people of all ages ...
The Z lens, which was developed by Zaidel to study functional asymmetry in split-brain patients. It ... The Z lens, which was developed by Zaidel to study functional asymmetry in split-brain patients. It ...
People are living longer today than in previous decades People are living longer today than in previous decades
Results from Kliegl's study show that older adults can learn complex information-processing Results from Kliegl's study show that older adults can learn complex information-processing
Economics question Economics question
Economics question Economics question
Video: Simple and Double Sugar

For a complete list of videos, visit our video library