answersLogoWhite

0

True. Because all resources are limited and become scarce.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

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


Is economics the study of money true or false?

False. Economics is not solely the study of money; it is a broader social science that examines how individuals, businesses, and societies allocate scarce resources to satisfy their needs and wants. While money is an important aspect of economics, the discipline also explores topics such as production, consumption, and distribution of goods and services, as well as the behavior of markets and economic systems.


Congress can levy a tariff on goods sent out of or imported out of state?

not true


True or false The services provided by a city do not include child welfare?

True