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 121 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
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.



Related Topics

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
Answer to Question 1

B

Answer to Question 2

D




maychende

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
Excellent


frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

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?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library