People must make choices because
A) there are many goods available.
B) of scarcity.
C) most people enjoy shopping.
D) None of the above answers is correct.
Correct Answer:
Verified
Q6: Scarcity exists because
A) of the inefficient choices
Q7: In every economic system, choices must be
Q8: Scarcity is a situation in which
A) most
Q9: All economic questions arise because we
A) want
Q10: An incentive
A) is the opposite of a
Q12: Fundamental economic problems basically arise from
A) the
Q13: When an economist talks of scarcity, the
Q14: Scarcity can be eliminated through
A) exploration that
Q15: The study of economics
A) deals mainly with
Q16: Economics is best defined as the study
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