Which Evidence Is Likely to Form the Basis of an Economist's

question 80

Multiple Choice

Which evidence is likely to form the basis of an economist's opinion? 

• A) The human population is growing exponentially. 
• B) Consensus science suggests that potential global climate change, deforestation, and species loss should be taken as serious problems. 
• C) The rate of crop yield increases is declining. 
• D) People are our most important resource.

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Definitions:

Willie Nelson

A renowned American musician, actor, and activist, known for his contributions to country music.

Consumer Surplus

The split between the sum consumers are willing to pay for a good or service and the sum they finally pay.

Consumer Surplus

The discrepancy between the price consumers are inclined to pay for a product or service and the actual price paid.

Market Quantity

The total amount of goods or services available for purchase within a specific market.