119782
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1.2 Resources and Scarcity

Question 119782 • Economics - (IC) - 26/27 DHS

The more a resource, the more costly it will be.

Answer
A
scarce
B
available
C
common

Explanation

When a resource is scarce, there is less of it relative to how much people want or need it. Limited supply tends to make the resource more costly. Therefore, the correct choice is “scarce.”

AI-written and checked against the verified answer.

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