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1. When economists say a good is scarce, they mean there are only a limited number of consumers who would be interested in purchasing the

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1. When economists say a good is scarce, they mean there are only a limited number of consumers who would be interested in purchasing the good. b. the human desire for the good exceeds the amount freely available from nature. c. most people in poorer countries do not have enough of the good. d. the production of the good has no opportunity cost for society. 2. In the article "Choices Are Everywhere: Why Can't We Just Have It All?" that we read in class, managing a

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