Answer to Question #311936 in Economics of Enterprise for Nesh

Economics of Enterprise

Question #311936

What is economic problem

Expert's answer

Economic problem is the problem of making choices that occurs because of the scarcity of resources.

Learn more about our help with Assignments: Economics of Enterprise

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. The population in country C decreases due to a lower birth rate.at the Sametime there is an increase
2. Discuss in detail, the two of income elasticity and substantiate the type of income elasticity most
3. Critical evaluate this statement and use demand and supply to analyse the possible impact of panic b
4. with the aid of diagram, explain theory underlying a kinked demand curve. Justify whether it would
5. Justify of market structure that uber operate in and evaluate the likehood of uber making an economi
6. Identify and explain the maritime transport service providers that form maritime transport chain.
7. Explain why maritime transport dominates the transport industry, in your explanation you are expecte