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Author Question: Needs and wants are different. Wants are things that are: a. Crucial, have to have b. Desired, ... (Read 59 times)

gbarreiro

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Needs and wants are different. Wants are things that are:
 
  a. Crucial, have to have
  b. Desired, but not necessary for survival
  c. Economic only
  d. Important for getting ahead

Question 2

Economies of scale can interfere with competition.
 
  Indicate whether the statement is true or false



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zacnyjessica

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Answer to Question 1

B

Answer to Question 2

T Economies of scale can limit the number of firms in a market, and thus competition among them.





 

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