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Author Question: Resources are divided into the following broad categories: a. people, money, and machines b. ... (Read 180 times)

theo

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on: Jul 1, 2018
Resources are divided into the following broad categories:
 a. people, money, and machines
  b. saving, spending, investment, and capital
  c. human, technological, and government
  d. natural resources, labor, capital, and entrepreneurial ability
  e. free, scarce, abundant, and unlimited

Question 2

Because resources are scarce,
 a. opportunity costs are zero
  b. people must make choices among alternatives
  c. all human wants and desires can be satisfied
  d. resource prices are fixed
  e. commodities are free


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bigsis44

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

D

Answer to Question 2

B


theo

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  • Posts: 698
Reply 2 on: Jul 1, 2018
Wow, this really help

kalskdjl1212

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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