Explanation:
False
The government in China is always formed by Communist party .
hope it is helpful to you
They have been found on oracle bones
The term scarcity in economics refers to the fact that:
a. economic wants are limited and resources are abused
b. even in the riches country some people go hungry
c. no country can produce enough products to satisfy everybody's economic wants
d. it is impossible to produce too much of any particular good or service in a market economy
The law of supply states<span> that the quantity of a good supplied (i.e., the amount owners or producers offer for sale) rises as the market price rises, and falls as the price falls. Conversely, the </span>law<span> of demand (see demand) says that the quantity of a good demanded falls as the price rises, and vice versa.</span>
