Land and mineral resources, transportation and communication facilities, factories and farm buildings, equipment, tools, and machinery are all examples of _____________.

a. the economizing problem
b. insatiable wantss
c. scarce economic resources
d. unlimited economic resources
e. economic growth

c. scarce economic resources

Economics

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The above figure shows the U.S. market for wheat. With international trade, the United States exports ________ of wheat

A) 300,000 tons B) 500,000 tons C) 700,000 tons D) 400,000 tons E) None of the above answers is correct because the United States imports wheat.

Economics

Which of the following would increase the amount of an inferior good that buyers would like to purchase?

a. an increase in buyers' incomes b. an increase in the price of a complement c. a decrease in the price of a substitute d. a decrease in buyers' incomes e. a decrease in its expected future price

Economics