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14 September, 14:45

Economic questions always deal with:

A. financial matters.

B. political matters.

C. insufficient resources.

D. choice in the face of limited resources.

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Answers (1)
  1. 14 September, 15:32
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    D. choice in the face of limited resources.

    Explanation:

    Economic question always deal with the choice in the face of limited resources, since resources are limited and humans needs are unlimited. Resources are always limited, and economics deals with the choice to administrate the resources the best way possible.

    When a person decides to assign a resource to a specific use, he is discarding its use for another purpose. This is known as the opportunity cost.
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