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Microeconomics
About this Free Flashcard Deck
Last update by
kdubs124
on 09/27/2011
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Microeconomics
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Flashcard Deck Tags
Economics
,
Microeconomics
Flashcard Review
1
Scarcity
2
Economics
3
Economists
4
Efficiency
Deck Author
kdubs124
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Free Flashcard From Microeconomics
Question:
Scarcity
Answer:
Society has limited resources and therefore cannot produce all the goods and services people wish to have