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What do economists mean when they state that a good is scarce? O a. There is a shortage of the good at the current price.

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What do economists mean when they state that a good is scarce? O a. There is a shortage of the good at the current price. O b. It is impossible to expand the availability of the good. O c. People will want to buy more of the good regardless of price. O d. Our wants exceed our limited resources

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