Which of the following is a root cause behind competition inherent in every society?

a. Unlimited wants of the people
b. People's desire to acquire goods and services for free
c. Scarcity of goods and services
d. Genetic makeup of people


C

Economics

You might also like to view...

Which of the following lists gives world exports in the order of their value, from highest to lowest?

a. Aircraft, motor vehicle parts, crude petroleum b. Aircraft, crude petroleum, motor vehicle parts c. Crude petroleum, office and telecom equipments, automotive parts d. Motor vehicle parts, aircraft, crude petroleum e. Motor vehicle parts, crude petroleum, aircraft

Economics

What is the unbalanced development strategy and how does this strategy create forward and backward linkages into the economy?

Economics

The three major responsibilities of the ________ are legislative power, control over the budget, and supervision of executive decisions.

A) European Commission B) European Council C) European Parliament D) European Court of Justice

Economics

This agency regulates workplace safety and health conditions.

A. Environmental Protection Agency B. Consumer Product Safety Commission C. Equal Employment Opportunity Commission D. Occupational Safety and Health Administration

Economics