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Which of he following best explains why the game of economics does not have a single goal?

different people want different things out of life APEX


Which of the following best explains why large companies have an advantage over smallercompanies?

Economics of scale make it possible to offer lower prices


Which of the following best explains why the game of economics cannot eliminate scarcity?

There are not enough resources to produce all of the goods and services that everyone wants.


What best explains why resources needs to be allocated in the game of economics?

Resources are not


What are best explains why all goals cannot be met in economics?

Some goals are incompatible with each other.


Which of the following explains best explains external jihad?

A struggles for the defense of Islam


Which best answer explains why resources need to be allocated in the game of economics?

There are not enough resources to produce all of the goods and services that everyone wants


What best explains why players in the game of economics are often in conflict with each other?

Some economic goals are incompatible with each other.


What best explains why the money is increased when Fed buys treasury bonds?

There is no following provided?


Which of the following best explains what market forces are?

the properties of a free-market system that determine what the outcomes will be


What best explains why the games of economics cannot eliminate scarcity?

No matter how much supply is produced, people's demands will always increase to exceed supply.


Which of the following best explains why television began replacing radio by the 1950s?

Televisions became more affordable.