Understanding the Three Questions of Economics The three questions of economics are based on decisions made by economies. What statement best describes why economies must make these decisions? O Economies must make these decisions because resources are unlimited, but production must be limited. O Economies must make these decisions because resources are limited. O Economies must make these decisions because consumers cannot make decisions on their own. O Economies must make these decisions to prevent producers from over-producing.
Understanding the Three Questions of Economics The three questions of economics are based on decisions made by economies. What statement best describes why economies must make these decisions? O Economies must make these decisions because resources are unlimited, but production must be limited. O Economies must make these decisions because resources are limited. O Economies must make these decisions because consumers cannot make decisions on their own. O Economies must make these decisions to prevent producers from over-producing.
Chapter1: Making Economics Decisions
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The formal stateme.
Understanding the Three Questions of Economics
The three questions of economics are based on decisions made by economies.
What statement best describes why economies must make these decisions?
O Economies must make these decisions because resources are unlimited, but production must be limited.
O Economies must make these decisions because resources are limited.
Economies must make these decisions because consumers cannot make decisions on their own.
O Economies must make these decisions to prevent producers from over-producing.
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Economics refers to the household management and maintaining constant balance between the business activities and the household activities during a given period of time. Economics is referred as the queen of social science.
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