Which of the following is a true statement?
A) All goods are economic goods.
B) All economic goods are goods, but not all goods are economic goods.
C) Economic goods and goods mean the same thing.
D) Economic goods do not include services while goods do include services.
Correct Answer:
Verified
Q34: Human capital is
A)what people get from physical
Q34: At a zero price, which of the
Q37: Economic goods are defined as
A) tangible items
Q44: Juanita has just opened a new business
Q44: An irrigation system is installed on a
Q45: Which of the following is NOT an
Q46: Resources are also known as
A) minerals.
B) factories.
C)
Q48: Which of the following is NOT an
Q49: Production refers to
A)physically producing material goods only.
B)any
Q55: John has decided to view the solar
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents