Question: Question 1 (2 points) What does Economics primarily study? how we deal with unemployed resources how prices are set in the marketplace how firms compete

Question 1 (2 points) What does Economics primarily study? how we deal with unemployed resources how prices are set in the marketplace how firms compete for profits in the marketplace how limited resources are allocated to satisfy unlimited wants Question 2 (2 points) Which of the following best describes scarcity? All but the very wealthy must face choices. Resources are insufficient to satisfy all human desires. O Human desires are limited. O Choices are unnecessary

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