________ is a situation in which resources are limited in quantity and can be used in different ways.
A) Choice
B) Scarcity
C) Economics
D) Supply and demand
Correct Answer:
Verified
Q3: An economic model is
A) a small but
Q4: An arrangement that allows buyers and sellers
Q5: Which of the following is an example
Q6: The factors of production include
A) natural resources.
B)
Q7: In a modern market economy,most of the
Q8: Which of the following is NOT a
Q9: Which of the following is NOT a
Q11: Which of the following is NOT a
Q36: Economics is the study of
A) how to
Q40: Economics is best defined as the study
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