3 years ago

One of the basic principles of the study of economics is that society and its individuals have limited wants. A. True B. False

Social Studies

2 answers:

kolbaska11 [484]3 years ago

8 0

Answer: A. True

Explanation:

The basic principle associated with the economics is that the goods, products, and services are limited and demand increases considerably to produce them. The resources used for the production also increases considerably. The scarcity principle of economics deals with the limited supply of the goods that is coupled with the increase in demand this results in the mismatch between the demand equilibrium and desired supply.

scoray [572]3 years ago

7 0

Answer:

The correct answer to this question is B. False

Explanation:

You might be interested in

A man who makes ointments and medicines is called an apothecary, but a woman who does the same runs the risk

Anarel [89]

Of being called a witch

8 0

3 years ago

Compare and contrast science and pseudoscience. Give one similarity and two differences.

schepotkina [342]

Pseudoscience: Astrology

Science: Astronomy

--------------------------------------------------

Pseudoscience: Alchemy

Science: Chemistry

--------------------------------------------------

Pseudoscience: Gematria

Science: Mathematics

--------------------------------------------------

Pseudoscience: Spiritual Healing

Science: Psychology

4 0

3 years ago

This illustration suggests that the Iroquois (Haudenosaunee) people were

lianna [129]

Native Americans inhabited in their own community

6 0

3 years ago

Which of the following event would most likely produce an earthquack

il63 [147K]

Answer: tsunami

Explanation:

6 0