Who makes decisions and trade-offs in the face of scarce resources?

A. Governments
B. Individuals
C. Businesses
D. All of these are correct.

Answer: D

Economics

You might also like to view...

The Great Recession began in ________ and ended in ________

A) December 2007; June 2009 B) December 2007; December 2011 C) October 2008; June 2009 D) October 2008; December 2011

Economics

Price discrimination exists when a firm sells the same good at __________________ to different groups of customers.

a. more than two prices b. more than three prices c. the same price d. more than one price

Economics