8. The basic economic problem that arises because people have unlimited 1 point wants but resources are limited is called: * a. Scarcity b. Trade-offs c. Opportunity Cost d. Choices 9. Which of the following

8. The basic economic problem that arises because people have unlimited 1 point

wants but resources are limited is called: *
a. Scarcity
b. Trade-offs
c. Opportunity Cost
d. Choices
9. Which of the following does not characterize a free enterprise?
1 point

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8. The basic economic problem that arises because people have unlimited 1 point wants but resources are limited is called: * a. Scarcity b. Trade-offs c. Opportunity Cost d. Cho…

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