Question

Can You Pls Check My Answers, And Thank You! 1. How does scarcity affect producers? (1 point) A. limited cost prevent producers from hiking prices. B. Limited demand prevents producers from offering low prices. C. Limited time prevents producers from finding the best employees. D. Limited resources prevent producers from making unlimited products.* 2. Which statement best explains the relationship between economic wants and needs? (1 point) A. People do not need to fufill either of their wants to survive. B. People must fulfill their wants to survive, but they do not need to fulfill their needs to survive.* C. People msut fulfill their needs to survive, but they do not need to fulfill their wants to survive. D. People must fulfill both their needs and their wants to survive. 3. Which statement describes how Governments deal with scarcity? (1 point) A. Choosing to fill needs rather than wants* B. Choosing options that best match supply with demand C. Choosing options that employ the largest number of people D. Choosing options with the greastest benefits to the people 4. Which situation is more likely to occur in a command economy than a market ecnomy? (1 point) A. A factory lays off unneeded workers. B. A farm sells fruit by the side of the road.* C. A union negotiates a better pay rate with the employers. D. A failing railroad receives assistance from around the country. 5. Which of these states a basic economic question? (1 point) A. What job is the best? B. How much should this good cost? C. What gooods should be produced?* D. Why should people learn about economics? 6. Which of these is an example of a non-monetary incentive? (1 point) A. Earning payment for walking a neighbor's dog B. Being named on the school honor roll C. Getting $10.00 as a prize for finishing first* D. Winning a scholarship to attend a summer camp 7. What is a tariff? (1 point) A. A tax on exports* B. A tax on imports C. A bonus to producers D. A rebate for consumers

Answer 1

So far, all you answers are correct. Dont worry, I am askinbg my social studies teacher in the process. I will reply back.