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Why does scarcity force every society to make choices?
A
Because resources are equally distributed but wants are unequal.
B
Because resources are unlimited but wants are limited.
C
Because resources are limited and wants are limited.
D
Because resources are limited but wants are unlimited.
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The allocation of resources Flashcards
22 flashcards on OCR A Level Economics The allocation of resources: the key terms, economic models and case studies you need to recall for Component 01, Component 02 and Component 03.