lectur5-page41

lectur5-page41 - want at a price = 0 u Scarce resources can...

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41 41 Law of Scarcity Economic resources are scarce! u There are never enough at any given time to produce all the things that people
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Unformatted text preview: want at a price = 0. u Scarce resources can be increased, if at all, only through effort and sacrifice....
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