Which one does NOT belong?
Exercise and reference answers
- Questions
- Items
- Unlimited resources
- Scarcity of resources
- Unlimited wants
- Choice between uses
- Reason
- Economics begins from resources being scarce, not unlimited; that is why choice is needed.
- Odd item
- Unlimited resources
- Items
- What to produce
- Where to advertise
- How to produce
- For whom to produce
- Reason
- Advertising is a firm's marketing decision, not one of the central problems of an economy.
- Odd item
- Where to advertise
- Instructions
- Tap the item that does not belong with the rest.
Explanation
_Source: syllabus Microeconomics Ch1 Introduction, Chapter 1_