Resources are all of the following EXCEPT

a. unlimited and in abundance.

b. the things we use to produce goods and services.

c. limited in quantity and can be used in different ways.

d. scarce and therefore require choices to be made.

answer

watching

120

views

For unlimited access to Homework Help, a Homework+ subscription is required.

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

Mahe AlamLv10

14 Jan 2021

Unlock all answers

Get 1 free homework help answer.

Already have an account? Log in

Related questions

Which of the following results from having scarce economic resources?

a) The production of limited goods and services.

b) Poverty and unequal distribution of wealth.

c) The production of unlimited goods and services.

d) Deflation.

e) Inflation

crimsonreindeer712

which of the following is not one of the three core economic issues that must be resolved?

(a). How to produce the goods and services we select.

(b). What to produce with unlimited resources.

(c). Who should get the goods and services we produce.

(d). What to produce with limited resources.

aquamarinegnat421

Economic analysis is often viewed as the science of rational decision making in a world of scarce resources. We need to think rationally because we live in a world where resources are limited but where people's wants are unlimited. There is not enough money, time, or things to completely satisfy everybody. What can we do to get the most satisfaction out of our limited resources? What are the issues and the recommendation?