“Allocation” is concerned with how we choose to use our ________ resources

Assessment: Lesson 1 Quiz Question 1 : “Allocation” is concerned with how we choose to use our ________ resources on some variety of different projects. Correct answer(s): unlimited limited natural human Question 2 : Economists seek to optimize the allocation of scarce resources toward the maximum satisfaction possible for __________________________ . Correct answer(s): individuals communities …

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