To say that something is scarce means that:
A) it is no longer available in stores.
B) it must be conserved at any cost.
C) even the government cannot supply it.
D) sufficient amounts of it available only at a zero price.
E) not enough is available to satisfy people's wants at a zero price.
Correct Answer:
Verified
Q27: Choices need to be made because of
Q28: Which of the following statements is true?
A)Goods
Q29: Which of the following sayings best represents
Q30: The concept of scarcity as used by
Q31: Opportunity cost is best defined as the:
A)sum
Q33: The basic economic problem is:
A)inflation.
B)unemployment.
C)poverty.
D)scarcity.
E)lack of money.
Q34: To say that there is a scarcity
Q35: Which of the following statements is false?
A)Economists
Q36: Economics is the study of:
A)the allocation of
Q37: Which economic concept is illustrated by the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents