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Volgvan
3 years ago
12

Which of the following scenarios most accurately reflects the concept of scarcity?

Business
1 answer:
mojhsa [17]3 years ago
3 0

Answer:

2. Brett is a farmer with an open field on which he can plant either soybeans or corn. 

Explanation:

Scarcity in economics means the resources available to meet man's needs are limited or scarce.

In brett's case, land is limited, so he has to choose between planting soybeans and corn.

I hope my answer helps you

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