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Will give ! 1.which statement best describes the economic problem of scarcity? question 1 options: it exists only in poor, underdeveloped countries. it exists only in a natural disaster. it existed only in the past due to inefficient technology. it is the basic economic problem facing all societies. 2.specialization is important in an economy because it leads to which important economic concept? question 2 options: price ceilings allocation of resources voluntary exchange government regulation 3.terry owns an rv repair shop. sue works in the office and also orders any parts needed to repair rvs. which of the following choices correctly matches productive resources from the previous statement? question 3 options: parts-capital; sue-entrepreneur office-capital; parts-land terry - entrepreneur; sue - labor parts-land; terry-labor
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Will give ! 1.which statement best describes the economic problem of scarcity? question 1 options:...
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