5. If scarcity were not a fact, a. people could have all the goods and services they wanted for free. b. it would no longer be necessary to make choices. c. poverty, defined as the lack of a minimum level

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asked May 16, 2021 159k views

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5. If scarcity were not a fact,

a. people could have all the goods and services they wanted for free. b. it would no longer be necessary to make choices. c. poverty, defined as the lack of a minimum level of consumption, would also be eliminated. d. all of the above would be true.