Questions and Answers
Which of the following resources are included in the study of economics?
Labor and capital
What is the main focus of economics?
Allocation of scarce resources
Which of the following is NOT a resource included in the study of economics?
Intellectual property
Which of the following conditions would classify a resource as scarce?
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What is the relationship between scarcity and choices?
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Which of the following situations does not classify a resource as scarce?
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