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The concept of scarcity in economics usually refers to a condition Save 1.1 Question 33 Question...

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Economics

The concept of scarcity in economics usually refers to a condition Save 1.1 Question 33 Question |( 1)/(1) pt 1.1 Question 36 Question( 1)/(1) pt 1.1 Question 39 Question (1)/(1) pt O A. where the choices among competing alternatives must be made, implying the existence of costs. B. that is common only to developed countries due to high level of consumption there. C. where too many frivolous goods and services are produced at the expense of socially desirable goods and services. D. that afflicts only the countries with limited subsoil resources. E. where more than three categories of resources are used in production.

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