If scarcity was not a fact,
A)people could have all they wanted of goods and services for free.
B)it would no longer be necessary to make choices.
C)poverty, defined as the lack of a minimum level of consumption would also be eliminated.
D)all of the answers would be true.

Question

Quizplus · Accepted Answer

If scarcity did not exist, resources would be unlimited, allowing people to have all they want without cost, eliminating the need for choices, and eradicating poverty.

If Scarcity Was Not a Fact