Which of the following is an economist's definition of economics? O A. The analysis and forecasting of the growth and profit of the
different sectors of the economy, such as the automobile industry,
the cattle industry, and so on.
O B. The study of such elements of the economy as stock prices,
interest rates, housing stas, consumer spending, and so on.
O C. The study of why people need more resources than are available.
D. The study of all business activity in a particular market (the world,
nation, state, and so on).
E. A social science that examines human behavior in the face of
scarcity.

Acontractor was awarded a purchase order for commercial items for $1.5 million under the authority of far subpart 13.5. the purchase order was issued in november 2010 and containedall applicable clauses that were current as of the date of the purchase order. under the purchase order, the contractor is required to comply with a small business subcontracting plan that contains all of the required elements. which of the following is true? a.the contractor must submit a standard form 294, subcontracting report for individual contracts. b.the contractor must submit an individual subcontracting report through the electronic subcontracting reporting system (esrs). c.the contractor may submit either an sf 294 or report its subcontracting through esrs. d.the contractor is not required to submit any subcontracting reports.