Which factor is NOT an example of a resource?
A) land
B) labor
C) capital
D) production
Correct Answer:
Verified
Q11: When a chef prepares a dinner for
Q12: The basic concern of microeconomics is to:
A)keep
Q13: If resources are scarce,it means that they:
A)are
Q14: The problem of scarcity is confronted by:
A)industrialized
Q15: How people choose among the alternatives available
Q17: Scarcity in economics means that:
A)we often do
Q18: We are forced to make choices because
Q19: We have to make choices because:
A)we have
Q20: A resource is anything that:
A)can be used
Q21: The opportunity cost of something is:
A)larger during
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