Question and answer
Which of the following is the best definition for "commodity " A. an economic good or product B. a service performed by experts in the field C. a common economic issue D. a type of paper currency
The best definition for "commodity" is an economic good or product.
Expert answered|jerry06|Points 82909|
Question|Asked by Miaboo
Asked 1/25/2018 7:33:12 AM
Updated 1/25/2018 8:59:17 AM
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Confirmed by Masamune [1/25/2018 8:59:17 AM]
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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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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
Weegy: Insufficient amounts of resources to meet the demand: is the best definition of scarcity. (More)
Question|Asked by Miaboo
Expert Answered
Updated 1/24/2018 12:41:43 PM
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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.
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