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Author Question: The study of economics arises due to A) resources. B) greed. C) money. D) ... (Read 56 times)

wenmo

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on: Jun 29, 2018
The study of economics arises due to
 
  A) resources. B) greed. C) money. D) scarcity.

Question 2

Technological progress has made it possible for firms such as Apple and Alivecor to develop small electronic devices, including smartwatches, smartphones, and products that can be attached to the smartwatches and smartphones, to serve consumers who
 
  have become more health conscious and wish to monitor various health conditions. These firms are reacting to which of the three key economic ideas?
  A) people are rational B) people respond to economic incentives
  C) firms attempt to maximize revenues D) optimal decisions are made at the margin


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amcvicar

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

D

Answer to Question 2

B


wenmo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

skipfourms123

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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