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Which of the following best describes scarce resources?

szehim2009

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Posts: 130

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A year ago

Which of the following best describes scarce resources?

Which of the following best describes scarce resources?

▸ Resources for which the quantity demanded is the same for all economic agents

▸ Resources for which the quantity that people want exceeds the quantity that is freely available

▸ Resources that can only be distributed efficiently by the government

▸ Resources that most people cannot afford to buy

Textbook

Macroeconomics

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 47 times

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evgenome

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