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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 1: The Art and Science of Economic Analysis
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    Because Resources Are Scarce
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Because Resources Are Scarce

Question 65

Question 65

Multiple Choice

Because resources are scarce,


A) opportunity costs are zero
B) people must make choices among alternatives
C) all human wants and desires can be satisfied
D) resource prices are fixed
E) commodities are free

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