Multiple Choice
Which of the following statements is NOT true?
A) Resource scarcity is a major economic concern in the rich countries of the world.
B) Most opportunity costs are zero.
C) An economic situation is in equilibrium when no individual would be better off taking a different action.
D) Some very talented, skilled individuals who can do some things better than most people should specialize in doing that one thing.
Correct Answer:
Verified
Correct Answer:
Verified
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