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 125 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?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Earthquakes Don’t Kill People—Collapsing Buildings Do Earthquakes Don’t Kill People—Collapsing Buildings Do
People riding bikes in Netherlands People riding bikes in Netherlands
Everytime Im trying to study Check Me! Check Me! Everytime Im trying to study Check Me! Check Me!
Economics question Economics question
Economics question Economics question
Economics question Economics question
Video: Mendel's Pea Experiment

For a complete list of videos, visit our video library