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

Author Question: Economics a. studies human behavior when scarcity exists and choices must be made b. provides the ... (Read 119 times)

@Brianna17

  • Hero Member
  • *****
  • Posts: 550
on: Jul 1, 2018
Economics
 a. studies human behavior when scarcity exists and choices must be made
  b. provides the only reasonable explanation of how people make decisions
  c. can accurately explain all human behavior since it is based on the assumption of rationality
  d. is better at showing the way things ought to be than the other social sciences are
  e. is the only social science that can explain the existence and behavior of public institutions

Question 2

Michigan has an abundant supply of fresh water. However, an economist would consider it a scarce resource because
 a. water is necessary for humans' physical survival
  b. pollution will eventually destroy all life in the Great Lakes
  c. water is limited relative to people's unlimited wants
  d. water commands a very high price
  e. nature can destroy water as well as create it


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

C


@Brianna17

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jul 1, 2018
Correct answers!


kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Many human diseases are caused by mutations in single genes Many human diseases are caused by mutations in single genes
Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf
Important Human Viral Table Important Human Viral Table
B. F. Skinner documented how operant conditioning changes behavior. B. F. Skinner documented how operant conditioning changes behavior.
Contemporary Organizational Behavior: From Ideas to Action Contemporary Organizational Behavior: From Ideas to Action
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: DNA Replication Factory and Protein

For a complete list of videos, visit our video library