Question 1
study of choices made by those faced with scarcity
opportunity cost
capital
economics
o
trade off
question 2

Economics is the study of choices made by those faced with scarcity. Put another way, economics is the study of how limited resources (time, money, materials, etc) are used in a market.

i believe the answer would have to be a dependable person

urban company reports the following information regarding its production cost: units produced 37,000 units direct labor $ 30 per unit direct materials $ 35 per unit variable overhead $ 237,000 in total fixed overhead $ 127,000 in total