Which of the Following Statements About the Economic Decisions Consumers

question 229

Multiple Choice

Which of the following statements about the economic decisions consumers, firms, and the government have to make is false?

• A)Governments face the problem of scarcity in making economic decisions.
• B)Only individuals face scarcity; firms and the government do not.
• C)Both firms and individuals face scarcity.
• D)Each faces the problem of scarcity which necessitates trade-offs in making economic decisions.

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Definitions:

Fascia

A band or sheet of connective tissue, primarily collagen, beneath the skin that attaches, stabilizes, encloses, and separates muscles and other internal organs.

Tendon

A durable, pliable strip of connective tissue that links muscles with bones.

Arthroscopy

A minimally invasive surgical procedure used to diagnose and treat joint problems through a small incision using an arthroscope.

Diagnostic Procedure

A medical test performed to aid in the diagnosis or detection of disease, injury, or other medical condition.