Social Studies, 17.08.2021 17:50 kkmcfly
1. What two characteristics make something scarce?
2. What is an example of a scarce land resource?
3. How are scarce items allocated in a market economy?
4. What is the typical relationship between scarcity and price?
5. What is an example of each of the four productive resources (factors of production)?
Answers: 3
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