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Bill went to the store to buy skim milk. He went to the aisle and noticed there was no skim milk available at this time. This illustrates the concept called...
free market
supply
All of the answers
shortage
economics
False
mixed
scarce
Individual must make economic choices because resources are...
free market
supply
All of the answers
shortage
economics
False
mixed
scarce
Which of the following is an economic right or responsibility?
free market
supply
All of the answers
shortage
economics
False
mixed
scarce
A production possibilities graph can show the effects of industrialization on the environment. Is this statement true or false?
free market
supply
All of the answers
shortage
economics
False
mixed
scarce
A ______________ economy is when the government is somewhat involved in the economy.
free market
supply
All of the answers
shortage
economics
False
mixed
scarce
Employees are not paid fairly or equally is a disadvantage of which economic system?
free market
supply
All of the answers
shortage
economics
False
mixed
scarce
Studying how people try to satisfy their unlimited wants with limited resources is called...
free market
supply
All of the answers
shortage
economics
False
mixed
scarce
Production increases and creation of companies will cause an increase of...
free market
supply
All of the answers
shortage
economics
False
mixed
scarce
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