Exam :00 Time Left:1:29:51 Eva ONDONGO NGALA: Attempt 1 Question 1 (4 points) 3 Select the term that fits best with each statement. 1. The study of how humans make decisions 6 in the face of scarcity. factors of production 2. The idea that human wants for goods, 9 services and resources exceed what is available. scarcity 12 3. The way one produces a good or service is divided into a number of tasks that economics different workers perform, instead of all 15 the tasks being done by the same person. division of labor 18 4. The are: natural resources (land and raw materials), labor, capital, technology, and entrepreneurship. 21 Question 2 (5 points) 24 Select the term that fits best with each statement