Oil is considered to be a non-renewable energy source.Oil
A) is an unlimited resource.
B) is a scarce resource.
C) is not a productive resource.
D) has no opportunity cost.
Correct Answer:
Verified
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Q14: Economics deals primarily with the concept of
A)
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Q18: Economics is the study of
A) production methods.
B)
Q19: Which of the following is correct?
A)The word
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A)scarce for households but plentiful for
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