Social Studies, 28.01.2021 21:50 LilDicky
Scarcity affects economic behavior by:
A. pressuring people to make choices about how to use their resource.
B. decreasing the opportnity cost of making of making risky ecomomic decisions.
C. giving the government more control over what products are produced.
D. removing the incentices for compaines to compete for profits.
Answers: 2
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Social darwinism applies what theory to human society
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The graph shows a demand curve. what does the data shown in this graph represent? a decrease in quantity demanded as prices decrease an increase in price as quantity demanded decreases a decrease in income as quantity demanded increases an increase in quantity demanded as prices decrease
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What economic thinker is correctly matched to the type of economy he supported a) smith-command b) keynes-market c) keynes-command d) smith-market
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What does the ricardian theory state? a. countries should produce all goods and services if they canb. countries should not produce goods and services that minimize opportunity costsc. countries should import goods and services if they are cheaper in other countriesd. countries should export all goods and services if they make a profit
Answers: 1
Scarcity affects economic behavior by:
A. pressuring people to make choices about how to use their...
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