Economists believe that scarcity forces everyone to:
A) satisfy all their wants.
B) abandon consumer sovereignty.
C) lie about their wants.
D) create unlimited resources.
E) make choices.
Correct Answer:
Verified
Q4: Scarcity is a problem:
A) measured by the
Q7: Human wants:
A) are unfilled only in the
Q7: When economists say scarcity, they mean:
A) there
Q9: Scarcity:
A) exists because resources are unlimited while
Q10: The condition of scarcity:
A) cannot be eliminated.
B)
Q13: Which of the following would an economist
Q13: Which of the following would eliminate scarcity
Q14: People are forced to make choices because
Q18: The finite nature of the economy's resource
Q203: When economists say goods are scarce, they
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