Which of the following is false?
A) Tangible goods are inherently more valuable than intangible goods.
B) Scarcity forces people to compete.
C) The elimination of a bad can be considered a good.
D) None of the above is false; all are true.
Correct Answer:
Verified
Q30: An economy's resources:
A)include land, labor, capital, and
Q31: Market failure is a term used to
Q32: Government price controls make communication of information
Q33: Scarcity:
A)exists in command economies.
B)exists in market economies.
C)exists
Q34: Scarcity means that:
A)human desires are limited.
B)resources are
Q36: Almost everyone is affected directly or indirectly
Q37: Economic choices or tradeoffs are the result
Q38: The only way that an economy can
Q39: Which of the following is not a
Q40: The market mechanism assures full employment and
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