Choices are not made because of limited
A) resources.
B) income.
C) wants.
D) time.
E) availability of goods.
Correct Answer:
Verified
Q29: Which of the following sayings best represents
Q33: The basic economic problem is:
A)inflation.
B)unemployment.
C)poverty.
D)scarcity.
E)lack of money.
Q33: Which statement concerning opportunity costs is false?
A)
Q34: To say that there is a scarcity
Q35: The opportunity cost of studying economics tonight
Q36: Which of the following statements is false?
A)
Q40: The total cost of attending college
A) includes
Q41: A skilled worker is an example of
A)
Q43: An example of opportunity cost
A) is the
Q50: An economy's resources:
A)are limited in quantity.
B)are always
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