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When Is a Good or Service Considered Scarce

Question 87

Multiple Choice

When is a good or service considered scarce?  


A)  if any quantity of it can be consumed at a zero price 
B)  if the amount people desire exceeds the amount available at a zero price 
C)  if the amount people desire exceeds the amount available at any price 
D)  if the amount people desire is less than the amount available at any price

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