Below are some production possibilities data for the mystical land of Ghandor.

-All of the following except one would be included in a definition of economics.Which is the exception?
A)Choice.
B)Resources.
C)Unlimited wants.
D)Scarcity.
E)Paradigm.

Question

Below are some production possibilities data for the mystical land of Ghandor.
 
-All of the following except one would be included in a definition of economics.Which is the exception?
A)Choice. 
B)Resources. 
C)Unlimited wants. 
D)Scarcity. 
E)Paradigm.

Quizplus · Accepted Answer

Paradigm is not a concept typically included in a definition of economics. Choice, resources, unlimited wants, and scarcity are all foundational concepts in economics.

Below Are Some Production Possibilities Data for the Mystical Land