Economics Is the Study of the Efficient Use of Scarce

question 130

True/False

Economics is the study of the efficient use of scarce resources to achieve maximum satisfaction of economic wants.

---

Definitions:

Endodermis

The innermost layer of cells in the cortex of a plant root, serving as a selective barrier that regulates the passage of substances from the soil into the vascular cylinder.

Sieve Tube

Sugar-conducting tube of phloem; consists of stacked sieve elements.

Pressure Gradients

A physical quantity that represents the direction and rate at which pressure changes in a particular direction.

Evaporation

The process by which water changes from a liquid to a vapor or gas, a key component of the Earth's water cycle.