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Economics Final Exam Questions with solutions

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Economics Final Exam Questions with solutions What is scarcity? There is no such thing? What three questions must every society answer? What are the factors of production? What are Capital Goods? Why to consumers use goods and services? What gives things value? What is wealth? What is the opportunity cost of something? What is a trade off? What does a production possibilities frontier show? What kind of adaptability? What's happening when the line is bowed out? Which way does the frontier shift when economic growth takes place? what is cost-benefit analysis? what is free enterprise economy?

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Uploaded on
May 16, 2023
Number of pages
5
Written in
2022/2023
Type
Exam (elaborations)
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Questions & answers

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  • economics final exam
  • what ar
  • economics final exam questions with solutions
  • what is scarcity
  • there is no such thing
  • what three questions must every society answer
  • what are the factors of production
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