Question: I want a quick solution, please Question 19 Not yet answered Marked out of 1.00 Flag question The definition given by Adam Smith for economics

I want a quick solution, please

Question 19 Not yet answered Marked out of 1.00 Flag question The definition given by Adam Smith for economics is known as: O a. Scarcity definition O b. Welfare definition O c. Wealth definition O d. Growth definition Question 20 Not yet answered Marked out of 1.00 P Flag question Which one of the following is called as natural resource in economics? O a. Land used for constructing the factory o b. The workers in a factory O c. Machinery used in a factory O d. None of these Question 21 Not yet answered Marked out of 100 Flag question Demand is inelastic if O a. A large change in quantity demanded results in a small change in price. ob. The quantity demanded is very responsive to changes in price. O c. The price elasticity of demand is greater than 1. od. The price elasticity of demand is less than 1

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