When an Economist Says That Material Wants Are Insatiable, This

question 1

Multiple Choice

When an economist says that material wants are insatiable, this means that:

• A)economic resources are valuable only because they can be used to produce consumer goods.
• B)economic resources-land, labour, capital, and entrepreneurial ability-are scarce.
• C)these wants are virtually unlimited and therefore incapable of complete satisfaction.
• D)the structure of consumer demand varies from time to time and from country to country.

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Definitions:

Pulmonary Trunk

The major blood vessel that originates from the right ventricle of the heart and bifurcates into the right and left pulmonary arteries, carrying deoxygenated blood to the lungs.

Pulmonary Artery

The pulmonary artery is a large blood vessel that transports deoxygenated blood from the right ventricle of the heart to the lungs for oxygenation.

Pulmonary Vein

A blood vessel that carries oxygenated blood from the lungs back to the left atrium of the heart.

Cerebral Arterial Circle

A circulatory anastomosis that supplies blood to the brain and surrounding structures, also known as the Circle of Willis.