Exhibit 2-1
Refer to Exhibit 2-1. Scarcity exists

Name: Exhibit 2-1 Refer to Exhibit 2-1. Scarcity exists
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Question

Exhibit 2-1 
Refer to Exhibit 2-1. Scarcity exists

Quizplus · Accepted Answer

Scarcity exists at both point A and point C because in both cases the resources are not enough to satisfy all the wants and needs of the society. Point A shows that there is not enough of both goods to satisfy the society's demand, while point C shows that there is enough of one good but not enough of the other.

Exhibit 2-1 Refer to Exhibit 2-1. Scarcity Exists