Which statement best completes the diagram? U. S. Economy
Most decisions are
made by people and
businesses.
There is some
government regulation
of the economy
n.
O A. Private ownership of property is limited.
O B. All citizens are guaranteed to have a job.
O C. Profit acts as a major economic motivator.
O D. Citizens have unlimited resources and limited wants.
PREVIOUS

C. profit acts as a major economic motivator

the correct answer is ) possibility.

demonstrating opportunity cost is done through production possibility.

the opportunity cost can be demonstrated using the production possibility frontier or curve. this graphic shows the total number of possibilities for two products when we have the resources needed and used in an efficient manner. the main resources could be money, labor, and technology. the curve shows that the production of one good increases when the production of the othe