Ch 16 Basics of Economics and Scarcity Flashcards

Ch 16 Basics of Economics and Scarcity

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Question

Which of these is a characteristic of a scarce resource?

Answer

The resource has a limited supply and there is a demand 4 it

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Ch 16 Basics of Economics and Scarcity

0 / 45

Question

Answer

The resource has a limited supply and there is a demand 4 it

Know itStill learning

Card 1 of 45