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True. Because all resources are limited and become scarce.
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Product market are where individuals spend their incomes on goods and services True Or False?
True.
Economic growth occurs when a nation's total output of goods and services increases over time. True or False?
true
Is it true that The number of suppliers that enter and leave the market has no effect on the amount of goods or services supplied?
False
Is it false that Some entrepreneurs are people who both organize productive resources and produce goods and services?
Yes It Is True!
Economic growth occurs when more resources are available true or false?
True Economic growth occurs when there is an increase in the production of goods and services (GDP) of a certain period of time. With more resources available more goods or services can be produced
Product market are where individuals spend their incomes on goods and services True Or False?
True.
Economic growth occurs when a nation's total output of goods and services increases over time. True or False?
true
Is it true that The number of suppliers that enter and leave the market has no effect on the amount of goods or services supplied?
False
Is it false that Some entrepreneurs are people who both organize productive resources and produce goods and services?
Yes It Is True!
Economic growth occurs when more resources are available true or false?
True Economic growth occurs when there is an increase in the production of goods and services (GDP) of a certain period of time. With more resources available more goods or services can be produced
True or false Economists study the processes of the human mind?
False - economists are concerned with the production and consumption of goods and services and the analysis of the commercial activities of a society
The urban wealthy in America created an expanding market for consumer goods varied personal services as well as educational and cultural activities. True or False?
True
For example Pizza Oven is a capital goods in economics True Or False?
True.
Are nike goods sold in 180 countries worldwide true false?
True
Congress can levy a tariff on goods sent out of or imported out of state?
not true
Fertilizer used to grow pumpkins is an example of a factor of production.True of False?
True. they are capital. Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
True or false The services provided by a city do not include child welfare?
True
