Economists believe that people's wants are
A) finite.
B) infinite.
C) irrational.
D) unimportant because needs are more important than wants.
Correct Answer:
Verified
Q51: Positive economics is concerned with
A) value judgments.
B)
Q52: In all cases,positive economics deals with
A) what
Q53: Which of the following is a positive
Q54: Scarcity means
A) wants are greater than the
Q55: Which of the following is a microeconomics
Q57: Normative economics is concerned with
A) value judgments.
B)
Q58: Microeconomics is the branch of economics that
Q59: In economics,a synonym for utility is
A) usefulness.
B)
Q60: What is the most prominent rationing device
Q61: Prior to attending college,Marvin is offered a
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