The economic problem is essentially one of deciding how to make the best use of
A. limited resources to satisfy limited wants.
B. unlimited resources to satisfy limited wants.
C. limited resources to satisfy unlimited wants.
D. unlimited resources to satisfy unlimited wants.
C. limited resources to satisfy unlimited wants.
Economics
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Which of the following would cause the demand for labor to change?
a. c and e. b. A change in the cost of living. c. Changes in the wage rate. d. Movements along the labor demand curve. e. A change in the price of the good produced.
Economics
Labor unions, when successful, increase the total employment opportunities offered by a firm
a. True b. False Indicate whether the statement is true or false
Economics