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  3. Study Set
    Intermediate Microeconomics
  4. Exam
    Exam 1: Economic Models
  5. Question
    The Problem of Scarcity
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The Problem of Scarcity

Question 12

Question 12

Multiple Choice

The problem of scarcity


A) arises only in poor countries.
B) exists because the price of goods is too high.
C) exists because of limited resources.
D) will eventually be solved by better planning.

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