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44 votes
44 votes
6. When you say something is scarce, what does that mean?

A. It implies that there are limited quantities of resources to meet unlimited demands
B. It means that a producer will not or cannot offer goods or services at the current
prices
C. It means there is enough labor to produce unlimited amounts of items
D. It means that there is a surplus of capital for firms

User Kaan Taze
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1 Answer

13 votes
13 votes
A. It means shortage in this case a limited quantity
User Falke Design
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