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In Ventura County, California, Strawberry Production Is Limited by the Number

Question 82

Multiple Choice

In Ventura County, California, strawberry production is limited by the number of acres available for agriculture production. This statement best represents this economic concept:


A) Resources are scarce.
B) "How much" is a decision at the margin.
C) There are gains from trade.
D) Resources should be used as efficiently as possible to achieve society's goals.

Correct Answer:

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