The Basic Concern of Economics Is To

question 124

Multiple Choice

The basic concern of economics is to:

• A) keep business firms from losing money.
• B) prove that capitalism is better than socialism.
• C) study the choices people make.
• D) use unlimited resources to produce goods and services to satisfy limited wants.

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Definitions:

Binges

Episodes of excessive indulgence in activities such as eating, drinking, or shopping, typically seen in context with disorders or as occasional behavioral excesses.

Purges

The act of removing or eliminating unwanted things, people, or memories, often in a forceful or cleansing manner.

Binge Drinking

The consumption of an excessive amount of alcohol in a short period of time, typically leading to acute intoxication.

Malnourished

A state of poor nutrition caused by having too little food or an unbalanced diet lacking in essential nutrients.