Question and answer
The study of how people choose to use scarce resources to satisfy their wants is called Answer a. entrepreneurship b. scarcity c. economics d. choice
The study of how people choose to use scarce resources to satisfy their wants is called c. economics.
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Expert answered|Karamella|Points 54|
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Asked 2/1/2013 1:26:20 AM
Updated 1/20/2014 10:31:33 AM
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This answer has been confirmed as correct and helpful.
Edited by jeifunk [1/20/2014 10:31:31 AM], Confirmed by jeifunk [1/20/2014 10:31:33 AM]
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Which is based mainly on individual choice? Answer a. command economy b. mixed economy c. market economy d. traditional economy
Question
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Updated 10/30/2018 8:04:09 AM
1 Answer/Comment
Market economy is based mainly on individual choice.
Added 10/30/2018 1:33:44 AM
This answer has been confirmed as correct and helpful.
Confirmed by Masamune [10/30/2018 8:03:59 AM]
The ongoing tension of not having enough resources to meet human wants is called Answer a. shortage b. scarcity c. need d. surplus
Question
Not Answered
Updated 10/5/2016 11:33:09 AM
1 Answer/Comment

The ongoing tension of not having enough resources to meet human wants is called SCARCITY.

Added 10/5/2016 11:33:09 AM
This answer has been confirmed as correct and helpful.
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