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The Economic Problem of Scarcity Exists Because

Question 56

Multiple Choice

The economic problem of scarcity exists because:


A) human wants are assumed to be virtually unlimited meaning resources will always be scarce relative to wants
B) global warming is increasing the rate at which the natural resources are being depleted.
C) the world's resources are insufficient to sustain the global population
D) technological advances have increased the rate at which natural resources are being depleted

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