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Refer to the Diagram. Land

Question 66

Multiple Choice

Refer to the diagram. Land A) will cease to be used in production if demand falls below D₄. B) would be a free resource if demand were D₄ or less. C) would be an economic (scarce) resource in the case of all four demand curves. D) would be a free resource in the case of all four demand curves. Refer to the diagram. Land


A) will cease to be used in production if demand falls below D₄.
B) would be a free resource if demand were D₄ or less.
C) would be an economic (scarce) resource in the case of all four demand curves.
D) would be a free resource in the case of all four demand curves.

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