The fact that people have unlimited wants means that
A) they always want more of at least one good
B) each person has an unlimited desire for every good
C) labor unions demand wage increases
D) selfish people are not concerned about others
E) people buy goods without regard to what they can afford
Correct Answer:
Verified
Q2: In economics, money is an example of
Q3: Profit is the payment received by resource
Q4: The existence of scarcity as defined by
Q5: Economics is the study of
A)how to get
Q7: Economics is best defined as the study
Q8: Economics is best described as the
A)study of
Q9: Michigan has an abundant supply of fresh
Q10: Economics studies how decision makers use scarce
Q11: The study of how nations deal with
Q215: Some individuals or families can become completely
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