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The Scarcity Problem Indicates That

Question 24

Multiple Choice

The scarcity problem indicates that


A) no matter how much one has,it is never enough.
B) compared to 100 years ago,individuals have less time today.
C) with limited resources,having more of "this" means having less of "that."
D) because trade-offs must be made,resources are therefore scarce.
E) the wealthier a person is,the fewer trade-offs he must makE.

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