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What else can I help you with?
What is the most crucial problems of economics?
allocating scarce productive resources to satisfy wants.
The economizing problem of economics is..........?
That productive resources are scarce relative to economic wants.
Which statement would best complete a short definition of economics ''Economics is the study of .........''?
The efficient use of scarce productive resources.
Economics is concerned with using scarce productive resources efficiently in attempting to satisfy society economic wants this staement is?
positive, but incorrect
Why all goods and services are scarce?
All resources are scarce.
What is the most crucial problems of economics?
allocating scarce productive resources to satisfy wants.
The economizing problem of economics is..........?
That productive resources are scarce relative to economic wants.
Which statement would best complete a short definition of economics ''Economics is the study of .........''?
The efficient use of scarce productive resources.
Economics is concerned with using scarce productive resources efficiently in attempting to satisfy society economic wants this staement is?
positive, but incorrect
What do you mean by factor payments?
Factor payments means is a wage or interest or rent or profit payment for a service of scarce resources, in return for a productive services.
Why all goods and services are scarce?
All resources are scarce.
What are resources in terms of economics?
resources are scarce,.the concepts of scarcity arises from the scarce resources or simply resources for short.
What are scarce economic resources?
Resources that are limited and in demand are scarce, and therefore have a cost.
What were the problems with the homestead act?
160 acres were inadequate for productive farming on the rain-scarce Great Plains
All goods and services are scarce because the resources that compose them are scarce?
Resources are limited .
What is scarcity of resources?
resources that are scarce
Which of these statement is false Economics is anout conserving scarce resources Economics is about the use of scarce resources?
Economics doesn't truly care about the conservation of scarce resources, it only cares about how those scarce resources are used. The statement 'Economics is about conserving scare resources' is false.
