Which situation best illustrates the concept of scarcity?

For each of the following examples of data, determine which scale of measurement is used. a) the number of miles joggers run per week. b) the starting salaries of graduates of mba programs c) the months in which a firm's employees choose to take their vacations. d) the final letter grades received by students in a math course.

This is a government controlled by one person with absolute power. question 3 options: communist democratic autocratic parliamentary

Why are the majority of the world's economies mixed? what may happen to the "pure" types of economies (traditional, socialist/command, market capitalist) when they incorporate elements from other economic models?