The type of economic system in which all things are government owned is communism

Five students—jalen, chris, juwan, jimmy, and ray—move into a house together and discover they share the odd habit of drinking milk with ice in it every night before bed. they own several ice trays and make a pact to always refill the trays when they are emptied so that the supply of ice will never run out. but the five often do not have the time or energy to refill the trays, and after a few weeks, it becomes quite common for them to meet in the kitchen and discover that they have no ice. this would best be characterized as what type of dilemma

An economic term that describes happiness and its hard to measure in numbers is

When discussing comparative and absolute advantage, which best describes specialization? developing expertise in certain types of production limiting the types of goods and services produced targeting specific consumers and retailers producing certain items for specific market segments the answer is: the act of limiting the kinds of goods and services produced