[Answered] The basic problem in economics is A) unlimited needs. B) scarcity. C) demand. D) limited ...

This topic contains a solution. Click here to go to the answer

Author Question: The basic problem in economics is A) unlimited needs. B) scarcity. C) demand. D) limited ... (Read 105 times)

maychende

Hero Member
Posts: 556

on: Jun 29, 2018

The basic problem in economics is

A) unlimited needs.
B) scarcity.
C) demand.
D) limited resources.

Question 2

Which of the following items would be considered scarce?

A) water
B) diamonds
C) potato chips
D) All of the above are scarce.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

Animal_Goddess

Sr. Member
Posts: 339

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

D

maychende

Member
Posts: 556

Reply 2 on: Jun 29, 2018

YES! Correct, THANKS for helping me on my review

xoxo123

Member
Posts: 335

Reply 3 on: Yesterday

Great answer, keep it coming

« previous next »

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.