We have to make choices because:
A) we have unlimited income.
B) resources are scarce.
C) resources are infinite.
D) with good planning,trade-offs can be avoided.
Correct Answer:
Verified
Q14: The problem of scarcity is confronted by:
A)industrialized
Q15: How people choose among the alternatives available
Q16: Which factor is NOT an example of
Q17: Scarcity in economics means that:
A)we often do
Q18: We are forced to make choices because
Q20: A resource is anything that:
A)can be used
Q21: The opportunity cost of something is:
A)larger during
Q22: Whenever a choice is made:
A)the cost of
Q23: A college student is faced with a
Q24: Zoe's grandparents are excited about finally paying
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