2. Which of the following situations represent(s) resource scarcity? I. Rapidly growing economies experience increasing levels of

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2. Which of the following situations represent(s) resource scarcity?

I. Rapidly growing economies experience increasing levels of water pollution.

II. There is a finite amount of petroleum in the physical environment.

III. Cassette tapes are no longer being produced.

a. I only

b. II only

c. III only

d. I and II only

e. I, II, and III

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Krugmans Economics For Ap

ISBN: 9781429218276

2nd Edition

Authors: Margaret Ray, David A. Anderson

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