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Homework answers / question archive / Which of the following is not an example of scarcity? a) Only some people can afford to buy a BMW automobile, b) Every individual in society cannot attain the highest standard of living to which he or she might aspire, c) Miranda has an unlimited supply of oranges in her orchard, d) Each member of a household cannot get everything he or she wants

Which of the following is not an example of scarcity? a) Only some people can afford to buy a BMW automobile, b) Every individual in society cannot attain the highest standard of living to which he or she might aspire, c) Miranda has an unlimited supply of oranges in her orchard, d) Each member of a household cannot get everything he or she wants

Economics

Which of the following is not an example of scarcity?

a) Only some people can afford to buy a BMW automobile,

b) Every individual in society cannot attain the highest standard of living to which he or she might aspire,

c) Miranda has an unlimited supply of oranges in her orchard,

d) Each member of a household cannot get everything he or she wants.

Option 1

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