asked 124k views
12 votes
6. When you say something is scarce, what does that mean?

A. It implies that there are limited quantities of resources to meet unlimited demands
B. It means that a producer will not or cannot offer goods or services at the current
prices
C. It means there is enough labor to produce unlimited amounts of items
D. It means that there is a surplus of capital for firms

1 Answer

6 votes
A. It means shortage in this case a limited quantity
answered
User FALSE
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