Economists do NOT refer to individual resources (such as oil)as scarce because ________.
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Q15: Scarcity exists because human wants _.
Q16: Which of the following statements about scarcity
Q17: In economic language,when a resource is used
Q18: In producing goods and services,trade-offs exist between
Q19: In economics,the things that people would consume
Q21: Economics can usefully be defined as
A)the process
Q22: Physical capital includes
A)training programs for workers.
B)improvements to
Q23: Microeconomics concentrates on _.
Q24: In economic terminology,the accumulated experience,training and education
Q25: In economics,things that are used to produce
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