Poverty is a condition where a person or family does not have the means to:
A. Satisfy all wants
B. Save enough for the future
C. Earn a stable income
D. Meet basic needs
D. Meet basic needs
You might also like to view...
In perfect competition, each additional unit of output that a firm sells will yield a marginal revenue that is
A. less than price. B. equal to price. C. equal to average total cost. D. greater than price.
Supplier power tends to be low when
a. The supplier provides non-critical inputs b. The supplier provides homogenous inputs c. Both A&B d. None of the above
As price rises, quantity supplied
A. rises. B. falls. C. remains the same.
In a zero-sum game
A) both players are better off at the end of the game. B) both players are worse off at the end of the game. C) one player's losses are exactly offset by another player's gains. D) both players collude to make both of them better off.