Which of the following is true: a)if something is limited then it is also scarce b)If something is limited then it is also scarce only if there is not enough of it to meet all the wants c)if something is limited then it will be scarce only if there is more than enough of it to meet all the wants d)if something is limited it will never be scarce

Which of the following is true: a)if something is limited then it is also scarce b)If something is limited then it is also scarce only if there is not enough of it to meet all the wants c)if something is limited then it will be scarce only if there is more than enough of it to meet all the wants d)if something is limited it will never be scarce

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter13: General Equilibrium And Welfare

Section: Chapter Questions

Problem 13.2P

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