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Economics is the study of how people use their resources to produce, distribute and consume
goods.
2. The news that he was enable to earn a living was quite surprising.
3. Two weeks isn’t a very long time to become used up, is it?
8. Several Japanese were reported to complain that the fish had gone bad.
9. The imports have greatly increased which may influence the supply.
10. A knowledge of statistics, the analysis of how people and countries use their resources to
produce, distribute, and consume goods and services are so important.
11. Sooner or later even very expensive clothes are used up.
12. What is his politics as to breaking into the South American market?
13. Most people hire people they like, rather than the most competent person.
16. We have the problem of scarcity and we’d like some advices.
17. The supply of a bread did not correspond with the demand for it.
18. I’d like to find out the cost of tuition, have you got any information?
20. Economists studied different phenomena in order to solve the problem of scarcity.
21. Foodstuffs belong to the category of goods that go bad if are stored too long.
23. The tin of cola costs 90 pence and you won’t economize much.