(c) Unlimited wants
(dt Limited (scarce) resources
2. Principal characteristics of resources are:
(a) they are scarce in relation to our needs (b) they have alternative uses
(c) both (a) and (b)
(d) none of these
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Explanation:
dt Limited (scarce) resources
2. Principal characteristics of resources are:
(a) they are scarce in relation to our needs (b) they have alternative uses
(c) both (a) and (b)
(d) none of these
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