Imagine that you want to go to a movie and buy lunch but you only have enough money for one thing or the other. How would an economist describe this problem?

answer; i believe the correct answer is (4) flip a coin as each participant arrives,heads indicates assignment to the first group: tails indicates assignment to the second group;

the most likely outcome of fewer loon territories is that hawks would increase in proportion because the benefit of victory would be greater. hawks and loons are natural rivals of resources and victories in the game, since the lakes drying up affected the loons, the hawks would be benefited from the drought.

"choosing is refusing" means individuals face an opportunity cost with each decision they make. economists state that every decision involves trade-offs. opportunity cost is the least desirable alternative given up as a result of a decision.

i dont know sorry why dont you looking it up on google