Question and answer
Which is the best definition of scarcity? A. lack of consumer interest B. government regulation of currency C. low demand D. insufficient amounts of resources to meet the demand
Insufficient amounts of resources to meet the demand: is the best definition of scarcity.
Expert answered|yumdrea|Points 41466|
Question|Asked by Miaboo
Asked 1/24/2018 11:33:11 AM
Updated 1/24/2018 12:41:43 PM
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This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [1/24/2018 12:41:43 PM]
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Questions asked by Miaboo
In 1957, the European Economic Community broadened the common market to cover additional goods. ___________ between member countries were eliminated. A. Imports B. Exports C. Free trade D. Customs duties
Weegy: In 1957, the European Economic Community broadened the common market to cover additional goods. Customs duties between member countries were eliminated. (More)
Question|Asked by Miaboo
Expert Answered
Updated 1/25/2018 10:40:09 AM
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Which option best completes the following sentence? Every decision you make is a(n) ______________ decision because you are choosing how to use your ______________. A. economic / limited resources B. easy / material wealth C. particular / unlimited resources D. important / money
Weegy: Every decision you make is an economic decision because you are choosing how to use your limited resources. (More)
Question|Asked by Miaboo
Expert Answered
Updated 1/24/2018 10:57:22 AM
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In economics, insufficient amounts of resources to meet the demand is called A. opportunity cost. B. scarcity. C. resource management. D. abundance.
Weegy: In economics, insufficient amounts of resources to meet the demand is called scarcity. (More)
Question|Asked by Miaboo
Expert Answered
Updated 1/24/2018 10:58:24 AM
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The fact that all individuals and groups participating in the economy depend on one another is called A. opportunity cost. B. economics. C. interdependence. D. exchange.
Question|Asked by Miaboo
Not Answered
Updated 1/24/2018 12:32:23 PM
1 Answer/Comment
The fact that all individuals and groups participating in the economy depend on one another is called - opportunity cost.
Added 1/24/2018 12:32:23 PM
This answer has been confirmed as correct and helpful.
Which factor of production refers in part to the experiences and knowledge of laborers? A. labor B. currency C. capital D. land
Weegy: Capital refers in part to the experiences and knowledge of laborers. (More)
Question|Asked by Miaboo
Expert Answered
Updated 1/25/2018 8:00:01 AM
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