Question: Scarcity is best defined as (A) the difference between limited wants and limited economic resources. (B) the difference between the total benefit of an action

Scarcity is best defined as

(A) the difference between limited wants and limited economic resources.

(B) the difference between the total benefit of an action and the total cost of that action.

(C) the difference between unlimited wants and limited economic resources.

(D) the opportunity cost of pursuing a given course of action.

(E) the difference between the marginal benefit and marginal cost of an action.

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