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What are the basic concepts of economics?

Economics involves the interactions in society involving finances. Namely, economists study how the monetary value of items changes over time based on outer effects like the supply of resources and the demand of consumers.


An increased supply of items such as tobacco and sugar in eighteenth-century colonial America led to?

drop in prices and a resulting increase in the purchase of luxury goods by ordinary people.


Select the items below that descive rational behavior in economics?

It is a key assumption used in the study of economics and the choices that people make in pursuit of satisfaction.


How can you trade yocash for items on YoVille?

you cant. its impossible.


How do you make any supply on minecraft?

TMI/NEI (Not Enough Items) (Too many Items)


What are some of the unusual items that a law enforcement supply company sells?

There are several unusual items that a law enforcement supply company sells. Some of these items include window punches, pickhead axes, and bolt cutters.


Government and societies choose how to use scarce resources to produce items for consumption.?

4 Economics


How do changes in supply affect prices?

When supply is plentiful, prices fall, when items are scarce, the price rises.


Where can I buy reasonably priced spa supply items in Oklahoma City, OK?

You can buy spa supply items at Oklahoma City Inground Pool Builder. You can reach them at their website at: www.pleasantpools.com.


People government and societies choose how to use scarce resources to produce items for consumption?

4 economics


The decision on how to use scarce resources to produce items for consumption would be explored in which of these social sciences?

economics


People government and society choose how to use scarce resources and to produce items for consumption?

4 Economics

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