nike outlet store According to the textbook | |
Title: | nike outlet store According to the textbook |
URL: | http://nikewomen.sagesys.com/ |
Description: | According to the textbook 1. According to the textbook, economics is a: (Points: 2) social science study of business decisions, not social decisions part of operations and management science. part of humanities 2. When we are forced to make choices we are facing the concept of: (Points: 2) ceteris paribus. free goods. scarcity. the margin. 3. A scarce resource is one that: (Points: 2) has two or more alternative uses exhibits the basic properties of a free good is confronted only under socialist conditions has an unlimited supply 4. A key theme fundamental to all of economics is: (Points: 2) there are limited wants we are a rich country but are simply not aware of it. people have unlimited wants facing limited means to satisfy them. there are unlimited resources. 5. The three fundamental economic questions of what, how, and for whom: (Points: 2) exist because of scarcity. are much more serious in a socialist system. are not serious in a capitalistic system. are not relevant in the |