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Author Question: Economics deals with A) how to profit from the stock market. B) how to satisfy limited human ... (Read 97 times)

altibaby

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on: Jun 29, 2018
Economics deals with
 
  A) how to profit from the stock market.
  B) how to satisfy limited human wants.
  C) how society allocates unlimited resources.
  D) how individuals allocate scarce resources to satisfy unlimited human wants.

Question 2

Which of the following statements is FALSE?
 
  A) Economic goods are available in desired quantities at a zero price.
  B) A good is anything that gives satisfaction or happiness to individuals.
  C) Services are intangible goods such as dry cleaning, hospital care, and restaurant meal preparation.
  D) Wants are unlimited and include all material and nonmaterial desires.


kswal303

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


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