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Author Question: A good or service is considered scarce if a. any quantity of it can be consumed at a zero price b. ... (Read 100 times)

skymedlock

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on: Jul 1, 2018
A good or service is considered scarce if
 a. any quantity of it can be consumed at a zero price
  b. the amount people desire exceeds the amount available at a zero price
  c. the amount people desire exceeds the amount available at any price
  d. the amount people desire is less than the amount available at any price
  e. the amount people desire is less than the amount available at a zero price

Question 2

The expression There's no such thing as a free lunch means
 a. that even if the lunch is free, we pay for it in extra calories
  b. that resources used up in producing the lunch are not available to satisfy other wants
  c. the same thing as The best things in life are free
  d. you can eat only if you work first
  e. neither sea water nor air is free


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meryzewe

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


skymedlock

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Reply 2 on: Jul 1, 2018
Wow, this really help

steff9894

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

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