A resource
A) must come from the earth.
B) only includes physical things.
C) is anything that we consume directly or use to make things we will ultimately consume.
D) A and C
Correct Answer:
Verified
Q4: Points outside the Production Possibilities Frontier are
A)attainable.
B)unattainable.
C)associated
Q5: The optimization assumption suggests that people make
A)irrational
Q6: The one word in the definition of
Q7: Scarcity implies that the allocation scheme chosen
Q8: The underlying reason that there are unattainable
Q10: Something is scarce as long as
A)there is
Q11: Points on the Production Possibilities Frontier are
A)attainable.
B)unattainable.
C)associated
Q12: If the production possibilities frontier is not
Q13: The one word in the definition of
Q14: Points inside the Production Possibilities Frontier are
A)attainable.
B)unattainable.
C)associated
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