Answers VT-GA-EOC-Personal Finance Economics A ULHS Technology and Economics — Unit testQuestion 9

9

QuizMultiple Choice

Technology and Economics — Unit test

Question 9 of 15 • VT-GA-EOC-Personal Finance & Economics A ULHS

What is one purpose of studying economics?

Answer

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to understand the reasons why people purchase certain goods

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to find reasons why some resources become scarce

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to determine the principles that explain why consumers buy services

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to examine principles that influence the production of goods and services

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