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

Author Question: The basic problem in economics is A) unlimited needs. B) scarcity. C) demand. D) limited ... (Read 103 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.


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
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
Great answer, keep it coming :)

mochi09

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Cyanide works by making the human body unable to use oxygen.

An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
The tools necessary to adjust the valves on an engine with adjustable rocker arms include basic hand ... The tools necessary to adjust the valves on an engine with adjustable rocker arms include basic hand ...
An upward-sloping spark line usually indicates a mechanical engine problem or a lean air–fuel ... An upward-sloping spark line usually indicates a mechanical engine problem or a lean air–fuel ...
How to solve a word problem involving trigonometric models (Question 1) How to solve a word problem involving trigonometric models (Question 1)
Basic Marketing Research: Using Microsoft Excel Data Analysis Basic Marketing Research: Using Microsoft Excel Data Analysis
Problem Problem
Video: Muscle Twitch and Muscle Tension - Motor unit size and force

For a complete list of videos, visit our video library