Approximately what percentage of the world population experiences scarcity?
A) 33%
B) 50%
C) 66%
D) 100%
D
You might also like to view...
What are the rationales for protectionist policies?
What will be an ideal response?
If people feel optimistic about the future of the economy ________
A) autonomous consumption might increase B) autonomous investment might increase C) it might shift the IS curve to the right D) all of the above E) none of the above
If race-car driving is dangerous, why would any rational person choose to be a race-car driver?
Tying involves a firm
a. colluding with another firm to restrict output and raise prices. b. selling two individual products together for a single price rather than selling each product individually at separate prices. c. temporarily cutting the price of its product to drive a competitor out of the market. d. requiring that the firm reselling its product do so at a specified price.