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What Economic Concept Is Illustrated by the Saying "You Can't

Question 29

Multiple Choice
What economic concept is illustrated by the saying "You can't have your cake and eat it too"?

What economic concept is illustrated by the saying "You can't have your cake and eat it too"?


A) Private property rights
B) Economic freedom
C) Scarcity
D) Opportunity cost
E) Gains from trade

Correct Answer:

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