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

Author Question: Scarcity arises because A) resources are finite and are inadequate to meet all human wants. B) ... (Read 69 times)

joesmith1212

  • Hero Member
  • *****
  • Posts: 549
on: Jun 29, 2018
Scarcity arises because
 
  A) resources are finite and are inadequate to meet all human wants.
  B) production of goods and services is always slow.
  C) companies are slow to explore for new resources.
  D) a large number of people live in poverty.

Question 2

Which statement most accurately defines economics?
 
  A) Economics is the study of how people make money.
  B) Economics is the study of how people make choices to satisfy their wants.
  C) Economics is the study of values a society should choose.
  D) Economics is the study of how to eliminate scarcity.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nhea

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


joesmith1212

  • Member
  • Posts: 549
Reply 2 on: Jun 29, 2018
Excellent

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Consequences of normal and inadequate iodine in the diet. Consequences of normal and inadequate iodine in the diet.
The age structure of human populations in West Africa and Western Europe, as of 2000. The age structure of human populations in West Africa and Western Europe, as of 2000.
Sites of mtDNA mutations in certain human diseases Sites of mtDNA mutations in certain human diseases
Resources related to safety Resources related to safety
Views of Alligator and Human Views of Alligator and Human
Structures of the human myelencephalon (medulla) and metencephalon. Structures of the human myelencephalon (medulla) and metencephalon.
Video: Introduction to Herpes

For a complete list of videos, visit our video library