True or False:
1. In economics, labor includes physical and mental effort, and land includes natural resources.
2. Entrepreneurship is the process of combining labor, land, and capital together to produce goods and services.
3. Even intangible goods can be subjected to economic analysis.
4. Even the wealthy individual who decides to donate all of her money to charity faces the constraints of scarcity.
5. Increases in production could enable us to eliminate scarcity.
6. If we had unlimited resources, we would not have to choose among our desires.
7. Scarcity implies that "there's no such thing as a free lunch."
8. The actual result of changing behavior following the rule of rational choice will always make people better off.
9. In terms of the rule of rational choice, zero levels of pollution, crime, and safety would be far too costly in terms of what we would have to give up to achieve them.
10. Most choices in economics are all or nothing.