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4. How do you know when a good is abundant, or not scarce? a. It is freely available. b. The price is low. c. The price is high relative to similar goods. d. It is unavailable.
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4. How do you know when a good is abundant, or not scarce?

a. It is freely available.
b. The price is low.
c. The price is high relative to similar goods.
d. It is unavailable.

User Legat
by
5.4k points

2 Answers

5 votes

Answer:

the answer is A

Step-by-step explanation:

:)

User Mvb
by
6.0k points
3 votes

Answer:

a. It is freely available

More accurately, I think a good is abundant when there is sufficient/more than enough of it to meet the demand, aka supply ≥ demand

User Caseygrun
by
5.2k points
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