7. The key concept that serves as the basis for the study of economics is:opportunity cost.unemployment.money.→ scarcity. AACSB: Analytic
Test Bank for Essentials of Economics 3rd Edition by Brue
Blooms: RememberDifficulty: 2 MediumLearning Objective: 01-01 Define economics and the features of the economic perspective.Topic: Economic perspectivesMultiple Choice Question Topic: Economics
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