In the United States in 2014, the percentage of people without any form of health insurance was about

If society decides it wants more of one good and ________, then it has to give up some of another good and incur some opportunity costs

A) new resources are discovered B) all resources are fully utilized C) technology advances D) resources are underutilized

Suppose that a market basket of two goods is changed by adding more of one of the goods and subtracting one unit of the other. The consumer will:

A) rank the market basket more highly after the change. B) rank the market basket more highly before the change. C) rank the market basket just as desirable as before. D) any one of the above statements may be true.