UNLV econ 180
Liberty University
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UNLV econ 180 exam 1| 63 QUESTIONS| WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 4 pages • 2023
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what is economics correct answer: the study of the choices that individuals, businesses, governmetns, and entire societies make as they cope with scarcity
why do economic questions arise? correct answer: peoples wants exceed the resources available
what is scarcity correct answer: is the condition that arises because wants exceeds resources
the choices we make are based off of what? correct answer: the incentives that we face
what is Micro-economics correct answer: the study of ...
Exam (elaborations)
UNLV econ 180 exam 1| 63 QUESTIONS| WITH COMPLETE SOLUTIONS
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ago
what is economics correct answer: the study of the choices that individuals, businesses, governmetns, and entire societies make as they cope with scarcity why do economic questions arise? correct answer: peoples wants exceed the resources available what is scarcity correct answer: is the condition that arises because wants exceeds resources the choices we make are based off of what? correct answer: the incentives that we face what is Micro-economics correct answer: the study of ...
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