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Introduction to Economics
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Problem 6
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Problem 10
Introduction to Economics
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1. Introduction to Macroeconomics / Introduction to Economics / Problem 6
Problem 6
Why is scarcity a fundamental concept in economics?
A
Because it leads to unlimited resources.
B
Because it eliminates the need for trade-offs.
C
Because it ensures all wants are fulfilled.
D
Because it forces individuals to make choices.
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