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Economics
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Scarcity requires that we:

A) produce efficiently.
B) learn to limit our wants.
C) have the most rapid economic growth possible.
D) have unlimited resources.
E) make choices about what goods and services to produce.

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Joshua Stredder
Joshua StredderLv10
24 Oct 2020

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Related questions

which of the following is not one of the three core economic issues that must be resolved?
 
(a). How to produce the goods and services we select.
 
(b). What to produce with unlimited resources.
 
(c). Who should get the goods and services we produce.
 
(d). What to produce with limited resources.

Which of the following is not one of the three core economic issues that must be resolved?

A. How to produce the goods and services we select.
B. What to produce with unlimited resources.
C. Who should get the goods and services we produce.
D. What to produce with limited resources.shou

A consequence of the economic problem of scarcity is that:

  1. The production of goods and services must be controlled by the government.
  2. There is never too much of any good or service produced.
  3. Choices have to be made about how resources are used.

 

 

 

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