The basic concern of microeconomics is to:
A) keep business firms from losing money.
B) prove that capitalism is better than socialism.
C) study the choices people make.
D) use unlimited resources to produce goods and services to satisfy limited wants.
Correct Answer:
Verified
Q7: Which topic is studied in macroeconomics?
A)the change
Q8: Which factor can BEST be considered to
Q9: The problem of determining what goods and
Q10: Although freshwater is very abundant in most
Q11: When a chef prepares a dinner for
Q13: If resources are scarce,it means that they:
A)are
Q14: The problem of scarcity is confronted by:
A)industrialized
Q15: How people choose among the alternatives available
Q16: Which factor is NOT an example of
Q17: Scarcity in economics means that:
A)we often do
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