________ are the things that are used to produce items that satisfy people's wants.
A) Concepts
B) Production possibilities curves
C) Resources
D) Costs
Correct Answer:
Verified
Q16: Economics deals with
A) how to profit from
Q17: Which statement most accurately describes economics?
A) Economics
Q18: In economics, _ are limited but _
Q19: In economics, all the items that people
Q20: Economic analysis is used
A) only by instructors
Q22: Economics is the study of how people
Q23: Macroeconomics is the study of
A) aggregate economic
Q24: Wants are
A) another term for needs.
B) the
Q25: In economics
A) both resources and wants are
Q26: Economics is most precisely defined as
A) a
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