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 72 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
Great answer, keep it coming :)

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Horse-human interaction Horse-human interaction
Spectral sensitivity of the human cone opsins Spectral sensitivity of the human cone opsins
Structure of the globular domain of human PrP in monomeric Structure of the globular domain of human PrP in monomeric
Human embryonic stem cells differentiated to neural cells Human embryonic stem cells differentiated to neural cells
Resources from Rocks and Minerals Resources from Rocks and Minerals
The traditional human karyotypes derived from a normal female and a normal male The traditional human karyotypes derived from a normal female and a normal male
Video: Automated external defibrillator (AED)

For a complete list of videos, visit our video library