Scarcity means that:
A) there will always be families living below the poverty line.
B) resources are unlimited.
C) human wants are limited.
D) limited resources cannot satisfy all of our unlimited human wants.
E) choices are unnecessary.
Correct Answer:
Verified
Q13: Which of the following statements are true?
A)Scarcity
Q14: Scarcity:
A)exists because basic human survival needs cannot
Q17: Economics is most importantly concerned with:
A)how to
Q20: Economic choices or tradeoffs are the result
Q22: Which of the following is not an
Q23: Which of the following is true?
A)As long
Q25: Which of the following forces us to
Q55: Scarcity exists because of:
A)the allocation of goods
Q60: Economics is the study of how people
Q180: The most essential economic problem is 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