very urgent.
People who provide you with goods and services
Question 1 options:
a)are acting out of generosity.
b)do so because they get something in return.
c)have chosen not to become interdependent.
d)are required to do so by the government.
Question 2 (1 point) Question 2 Unsaved
When an economist points out that you and millions of other people are interdependent, he or she is referring to the fact that we all
Question 2 options:
a)rely upon the government to provide us with the basic necessities of life.
b)rely upon one another for the goods and services we consume.
c)have similar tastes and abilities.
d)are concerned about one another’s well-being
Question 3 (1 point) Question 3 Unsaved
Ben bakes bread and Shawna knits sweaters. Ben and Shawna both like to eat bread and wear sweaters. In which of the following cases is it impossible for both Ben and Shawna to benefit from trade?
Question 3 options:
a)Ben cannot knit sweaters and Shawna cannot bake bread.
b)Ben is better than Shawna at baking bread and Shawna is better than Ben at knitting sweaters.
c)Ben is better than Shawna at baking bread and at knitting sweaters.
d)Both Ben and Shawna can benefit from trade in all of the above cases.