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  9. Q2
Question 2

Air is essential to life but commands no price! Diamond is not essential to life but commands a high price! This is the paradox of

  • A.thrift
  • B.value
  • C.abundance
  • D.scarcity
Objective

Question details

Exam body
UNN
Subject
Economics
Year
2005/2006 DAY 1
Question no.
#2
Type
Objective
Previous · Q1Scarcity in economics means that Next · Q3 Economies of scale operate only when

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