1. One of the basic principles of the study of economics is that society and its individuals have limited wants.

true or false

Answers

Answer 1

Answer:

False

Explanation:

The basic principles of the study of economics is that society and its individuals have limited wants is FALSE.

The society and it's individuals have UNLIMITED wants.

Wants are desires or needs of a person or society such as desire to own a car, build a house, provide social amenities etc.

These wants are numerous and can be satisfied with LIMITED RESOURCES.

The basic principles of the study of economics is the satisfaction of unlimited wants with limited resources.

Answer 2

Correct Answer: False

1. One Of The Basic Principles Of The Study Of Economics Is That Society And Its Individuals Have Limited

Related Questions

Give an Account of memorable Event in your life​

Answers

Answer:

A memorable event in my life( my essay, please correct it) As most people, I have a memorable day in my life. This story happened when I was in elementary school. One day, my mother, my cousin, and I was about to go to the swimming pool. It was very well-known as armatured place.

A package delivery system divides their packages into weight class. The packages in the 14-20lb weight class are uniformly distributed, meaning that all weights are equally likely to occur. What is the probabilyt that a package will be less than 18 lbs?

Answers

Answer:

4/7 or 57.14% in percentage form

Explanation:

If a package in that weight class can be any weight between 14-20lb then there are a total of 7 different possible weights. Out of all of these only 4 are actually less than 18lbs, those weights are 14, 15, 16, 17. Therefore, since weights are evenly distributed in that weight class then the possibility of a package being less than 18lbs would be

4/7 or 0.5714 or 57.14%

The herbivores in the forest don’t consume this low-growing invasive plant because they mistake it for a similarly shaped toxic plant in the forest. The invasive plant needs a lot of room to grow. It sprouts from its seeds much earlier than the native species. What effect can its growth have on the native herbivores’ food supply?

Answers

it could be harmful to the food supply

Explanation:

it could grow so much it takes places the native plant needs to grow and the native plant won't be able to compete so the herbivores food supply will dwindle

Answer:

Because the invasive plant grows earlier, it may take up the space that the native species needs to grow. Lack of space would eventually lead to a decrease in the population of the native plant species. This decrease in population will negatively influence the food supply for herbivores.

Explanation:

from plato

how to explain this please good question right answer​

Answers

i been fighting some demons in the field i’m deep in

For the sake of rhetorical effect, the writer wants to maintain the pattern of repeating words derived from the same root. Which choice best accomplishes this goal?
Attain the unattainable, conquer the unconquerable, clasp the unreachable.

Answers

Answer: I Might tell you what to do

Explanation:

Answer:

D- Reach the unreachable.

Explanation:

Correct

Unit 4 Q10:What is the term for the date when the money from a CD account can be withdrawn?
A.
maturity date

B.
end date

C.
completion date

D.
withdrawal date

Answers

Pretty sure the answer is A

Answer:

A. MATURITY DATE

Explanation:

CORRECT VIA EDMENTUM 2022

A researcher wants to compare experimental results with a theoretical value for the probability of getting tails on a coin and a 1 on a die. Design an experiment to compare the probabilities. Define which one is theoretical and which one is an empirical probability?

Answers

I’m sorry I don’t know the answer I’m just trying to get enough questions to pass my final

Fill in the blanks to explain the problem in the story.

Answers

Answer:

1. irritated

2. burden to her

3. follow his schedule

Explanation:

Answer:

1. irritated

2. burden to her

3. follow his schedule

Explanation:

I got it correct.

Why do people think that pet overpopulation in animal shelters is an important issue?

Answers

Answer:

because the animals get deiseses.

Explanation:

viruses bacteria conditions parasites etc

Unit 2 Quiz
10) Renee and Daniel, who are currently both working full-time jobs, are preparing for Daniel’s mother to move in. As his mother will require a great deal of care, they are trying to decide if they are both going to keep working. What benefit will they MOST LIKELY experience if they choose a single-income option?


A.
They will have more disposable income.

B.
They will have a greater amount of financial income.

C.
They will have more time to manage his mother's care.

D.
They will have less time to spend with their new baby.

Answers

Answer: C.  They will have more time to manage his mother's care.

Explanation:

A single income option means that only one of them will be working and only one source of income will be used to maintain all three of them including Daniel's mother. This will most definitely result in them having less disposable income and less financial income in general.

Also the scenario painted made no mention of a baby so option D is incorrect. The most likely option in C which makes sense because with one of them staying home to take care of the mother, they will have time to be able to take care of her better.

Joe is playing a game in which he has to roll two six-sided dice. In his past ten rolls, he has rolled a sum of one 2, two 5s, three 7s, two 8s, one 10, and one 12. The weighted mean of all of Joe’s dice rolls is __________.

Answers

Answer:

The weighted mean of all of Joe’s dice rolls is 7.1.

Explanation:

Since Joe is playing a game in which he has to roll two six-sided dice, and in his past ten rolls, he has rolled a sum of one 2, two 5s, three 7s, two 8s, one 10, and one 12 To determine the weighted mean of all of Joe's dice rolls, the following calculation must be performed:

(2 + (2 x 5) + (3 x 7) + (2 x 8) + 10 + 12) / 10 = X

(2 + 10 + 21 + 16 + 10 + 12) / 10 = X

71/10 = X

7.1 = X

Thus, the weighted mean of all of Joe’s dice rolls is 7.1.

To build a door frame, Anthony needs 2 pieces of lumber that each measure 98 inches
and one piece of lumber that measures 39 inches. What is the total length of lumber
that Anthony needs to build the frame?

Answers

235 inches of lumber. 2 pieces that are 98 inches so you multiple 98x2 and add that answer to 39 since there is another piece that is 39 inches! :)

At its current​ short-run level of​ production, a​ firm's average variable costs equal ​$25 per​ unit, and its average fixed costs equal ​$10 per unit. Its total costs at this production level equal ​$2,100. What is the​ firm's current output​ level? nothing units. What are its total variable costs at this output​ level? ​$ nothing. What are its total fixed​ costs? ​$ nothing.

Answers

Answer:

Current output level ⇒ 60 units Total variable costs ⇒ $1,500Total fixed costs ⇒ $600

Explanation:

Variable costs are $25 per unit and Fixed costs are $10 per unit.

Total costs are therefore:

= 25 + 10

= $35

Current output level:

= Total costs / Unit costs

= 2,100 / 35

= 60 units.

Total variable costs:

= Unit variable cost * number of units

= 25 * 60

= $1,500

Total Fixed costs:

= Total costs - Variable costs

= 2,100 - 1,500

= $600

Which of the following careers relates to Arts, Audio/Video Technology, and
Communications?
A. Urban planner
B. Auditor
C. Computer animator
D. Web developer


C. Computer animator

Answers

Answer: Computer animator

Explanation:

An Urban planner checks the plan that is submitted by the developers and make necessary reviews. Urban planners use the land use plans to help in the creation of communities, and the revitalization of the physical facilities that are in cities.

An auditor is an individual that reviews and also verifies whether the financial records in a company are accurate or not.

Computer animators are the people who design animations for video games, films, mobile apps, website etc.

Web developers are the individuals that create and also maintain websites.

Based on the information given above, the careers that relates to Arts, Audio/Video Technology, and

Communications is Computer animator

Which of the following illustrates perpendicular lines?

A. asterisk
B. letter x
C. pedestrian lane
D. logo of the Philippine Red Cross

Answers

Answer:

B.Letter x

Explanation:

When these two lines cross, they make perpendicular lines. They are perpendicular because they cross at right angles to each other

If x^2 = 7 , x^4 + y^2 = 50, and y + w = 3, which of the following is possible
Value of W

Answers

Answer:

2 OR4 ; both correct

Explanation:

x^2=7

x^4+y^2=50

x^4=(x^2)^2=(7)^2=49 --> 49+y^2=50

y^2=50-49=1 --> y=±[tex]\sqrt{1}[/tex] --> y=±1

+1 or -1 both possible --> solve both

+1+w=3 --> w = 3 - 1 = 2

OR

-1+w=3 --> w = 3 + 1 = 4

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