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In economics, insufficient amounts of resources to meet the demand is called A. opportunity cost. B. scarcity. C. resource management. D. abundance.
In economics, insufficient amounts of resources to meet the demand is called scarcity.
Expert answered|Malekith22|Points 685|
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Asked 1/24/2018 10:34:45 AM
Updated 1/24/2018 10:58:24 AM
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Confirmed by Janet17 [1/24/2018 10:58:24 AM]
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Question|Asked by Miaboo
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Updated 1/24/2018 12:32:23 PM
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The fact that all individuals and groups participating in the economy depend on one another is called - opportunity cost.
Added 1/24/2018 12:32:23 PM
This answer has been confirmed as correct and helpful.
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