Economics is a study of how
A) people interact with each other in social situations
B) too many goods and services can make people unhappy
C) to make resources infinite
D) we allocate our resources to satisfy our wants
E) to satisfy all of our wants as a society
Correct Answer:
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Q111: According to your textbook, profit is a
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Q113: Finite resources can be
A) renewable or nonrenewable
B)
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Q115: We are forced to make choices because
A)
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Q119: Bob works for a firm that produces
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