contestada

Which of the following best explains why all goals cannot be met in economics?
A.) Not all people know what their economic goals are.
B.)Only certain goals can be understood in monetary terms.
C.)Some goals are incompatible with each other.
D.) Some goals are not worthy of pursuing.

Respuesta :

Answer:

Here you go

Explanation:

The correct answer is "A".

One of the principles of Economic theory is scarcity. Scarcity is the limited availability of certain good. The value of this goodwill grow or decrease according to its demand.

In the economic environment, there are many participants. many of them have interests that enter in conflict with one another. This means that, following the previously mentioned concept of scarcity, at the end of a period there will be winning stakeholders and losing stakeholders. "One's loss is another's gain".

Read more on Brainly.com - https://brainly.com/question/12123867#readmore

The correct option is C. Some goals are incompatible with each other which best explains why all goals cannot be met in economics.

Even though these objectives sometimes compliment one another, achieving them is challenging since trade-offs frequently need to be made. Many times, policies or programs created to accomplish one aim get in the way of accomplishing another goal or goals.

How can economic goals be achieved?

Economic Growth: Increasing the economy's capacity to produce goods and services is the key to achieving economic growth. The increased rate of production is the strongest indicator of this objective. The economy is expanding if it generates more things this year than in previous.

Certain objectives are incompatible with one another. Because resources are scarce, economic objectives frequently clash. One objective is achieved at the expense of another (opportunity). For instance, the majority of economists are certain that there is a short-run trade-off between unemployment and inflation. Different people have varying life goals.

Learn more about Economic Goals here:

https://brainly.com/question/2387455

#SPJ2