In General, Economics Is the Study Of

question 56

Multiple Choice

In general, economics is the study of:

• A)the allocation of scarce wants to unlimited resources.
• B)the allocation scarce resources to unlimited wants.
• C)the allocation of resources between the government and the private sector.
• D)the allocation of workers between firms.

---

Definitions:

Uniform Parts

Elements or components that are identical in form or function within a larger system or group.

Reversible

Capable of being turned back to the previous state or condition without causing permanent change or damage.

Figure-Ground Patterns

The organization of visual fields into objects (the figures) that stand out from their surroundings (the ground).

Contour

The outline or external form, shape, or boundary of an object.