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    Principles of Microeconomics
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    Exam 1: Ten Principles of Economics
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    What Is an Economy Experiencing When a Society Cannot Produce
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What Is an Economy Experiencing When a Society Cannot Produce

Question 82

Question 82

Multiple Choice

What is an economy experiencing when a society cannot produce all the goods and services people wish to have


A) scarcity
B) misallocation
C) externalities
D) market failure

Correct Answer:

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