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Scarcity a. exists because people have wants that are unlimited relative to the

ID: 1222477 • Letter: S

Question

Scarcity

a.

exists because people have wants that are unlimited relative to the availability of resources to satisfy those wants

b.

applies when a resource is not freely available

c.

means that each society and each individual must make choices

d.

exists in all societies

e.

all of the above are true

a.

exists because people have wants that are unlimited relative to the availability of resources to satisfy those wants

b.

applies when a resource is not freely available

c.

means that each society and each individual must make choices

d.

exists in all societies

e.

all of the above are true

Explanation / Answer

all of the above are true

all of the above are true

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