The central problem of economics is the:
A) Distribution of goods and services to those in need.
B) Scarcity of resources relative to human wants.
C) Inefficiency of government operations.
D) Unemployment of certain factors of production.
Correct Answer:
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Q1: Entrepreneurship refers to:
A) Natural resources,such as land
Q2: Which of the following explains why economic
Q3: The opportunity cost of playing tennis with
Q4: If resources are limited:
A) People will rush
Q6: Opportunity cost may be defined as the:
A)
Q7: In economics,which of the following is the
Q8: Which of the following is the best
Q9: The study of economics focuses on:
A) The
Q10: Which of the following is an example
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