« previous next »

Author Question: Economics is the study of people making choices faced with the problem of unlimited wants and ... (Read 64 times)

ts19998

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
Economics is the study of people making choices faced with the problem of unlimited wants and limited resources.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Economics is the study of decisions made necessary by the problem of unlimited wants and limited means to satisfy them.
 a. True
  b. False
  Indicate whether the statement is true or false


frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s
How people use space as they interact is studied by sociologists who have a microsociological focus. ... How people use space as they interact is studied by sociologists who have a microsociological focus. ...
An embedded particle of something was found on one of the gears, making this pump worthless except ... An embedded particle of something was found on one of the gears, making this pump worthless except ...
Open Faced Ham Sandwich Open Faced Ham Sandwich
The reason why I do not study The reason why I do not study
Making Recombinant DNA Making Recombinant DNA
Video: Proteins Defined, Hierarchy & Composition of Cells

For a complete list of videos, visit our video library