Natural resources are
A) not considered scarce because no one pays for them
B) only desired for use in producing other goods
C) included in the category of resources called gifts of nature
D) available in unlimited quantities
E) not considered scarce because they are not produced by society
Correct Answer:
Verified
Q24: Which of the following is an example
Q25: An economist would classify 100 shares of
Q26: Resources are divided into the following broad
Q27: If a business produces and sells only
Q28: The resource identified as land would include
A)the
Q30: A resource is something that
A)is used to
Q31: Profit is the payment made for land
Q32: The respective payments for the resources of
Q33: When economists refer to capital, they might
Q34: Because resources are scarce,
A)opportunity costs are zero
B)people
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents