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What Happens to Us Because of Scarcity

Question 223

Multiple Choice

What happens to us because of scarcity?


A) We can obtain more of a desirable good without sacrificing other goods and services.
B) We face shortages of goods that prevail at current market prices.
C) We must sacrifice valuable alternatives to obtain more goods and services we desire.
D) We have an opportunity cost of consumption which is zero.

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