Multiple Choice
Which of the following statements is CORRECT?
A) Resource scarcity is not a major concern in the rich countries of the world.
B) Some 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 everything better than most people should not specialize in doing any one thing.
Correct Answer:
Verified
Correct Answer:
Verified
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