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There are six characteristics that economists used to judge how well an item serves as currency. These characteristics are acceptability, durability, divisibility, portability, and limited supply.
Economists say that competitive markets are efficient because when there is competition prices are lower. The more available an item, the less it will cost the consumer.
automobile, a clown at a party
price times the quantity of each item produced
A vacuum cleaner is not considered to be a need.
Which of these items is not considered by economists to be a need? a meal shelter a coat a book
There are six characteristics that economists used to judge how well an item serves as currency. These characteristics are acceptability, durability, divisibility, portability, and limited supply.
Economists say that competitive markets are efficient because when there is competition prices are lower. The more available an item, the less it will cost the consumer.
automobile, a clown at a party
Automobiles. A+
price times the quantity of each item produced
A vacuum cleaner is not considered to be a need.
Said. The salesman said that I needed this item.
The possessive form of the plural noun economists is economists'.example: All of the economists' predictions are for improvement in the next quarter.
Modum
automobile
economists have classified input as