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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Which of the following statements is true about scarcity?
A) Scarcity refers to the situation in which unlimited wants exceed limited resources.
B) Scarcity is not a problem for the wealthy.
C) Scarcity is only a problem when a country has too large a population.
D) Scarcity arises when there is a wide disparity in income distribution.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 323 times
2 Replies
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
IloveChiIloveChi
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Posts: 2595
9 years ago
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9 years ago
You're welcome.

Feels nice to be right Face with Stuck-out Tongue

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