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Academy - Economics and Personal Finance
Unit Test
Question 9
9
Quiz
Multiple Choice
Unit Test
Question 9 of 25 • Academy - Economics and Personal Finance
How does scarcity determine the economic value of an item?
Answer
A
by the amount of goods that are produced
B
by the capital required to build the factory
C
by the unlimited wants of the consumers
D
by the resources consumed in production
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Unit Test - Question 9 | Academy - Economics and Personal Finance | Revolt