Multiple Choice
A consequence of the economic problem of scarcity is that
A) Choices have to be made about how resources are used.
B) There is never too much of any good or service produced.
C) The production of goods and services must be controlled by the government.
D) The production possibilities curve is bowed outwarD.Scarcity means choices must be made.
Correct Answer:
Verified
Correct Answer:
Verified
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