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    Macroeconomics Study Set 43
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    Exam 1: A: - Limits, Alternatives, and Choices
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    What Do Economists Mean When They Say That Economic Resources
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What Do Economists Mean When They Say That Economic Resources

Question 23

Question 23

Essay

What do economists mean when they say that economic resources or factors of production are scarce or limited in supply?

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They mean that resources are n...

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