Please answer only the odd numbered questions. 1, 3, 5, 7, 9

Part 3 Discussion Questions & Problems on Chapter1 (#1 -6) 1. The United States is considered a rich country because Americans can choose from an abundance of goods and services. How can there be scarcity in a land of abundance? 2. Give two examples for each of the following: (a) an intangible good, , & (b) a tangible good. , & (c) a bad. , & 3. Give an example of something that is a good for one person and a bad for another person. 4. What is the difference between the resource labor and the resource entrepreneurship? 5. Explain the relationship between changes in opportunity costs and changes in behavior. 6. Explain the statement, \"Scarcity implies choice and choice implies opportunity cost". Discussion Questions & Problems on AppendixA (#7- 10) 7. What type of relationship would you expect between the following: Say "Directly\