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Homework answers / question archive / If all the world's resources were to magically increase 100 fold, then: A

If all the world's resources were to magically increase 100 fold, then: A

Economics

If all the world's resources were to magically increase 100 fold, then:

A. the scarcity principle would still govern behavior.

B. economics would no longer be relevant.

C. the scarcity principle would disappear.

D. everyone would be satisfied.

E. trade-offs would become unnecessary.

Option 1

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