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  • Economic Decisions and Systems Online Test
  • The basic economic problem is that consumers have too man...
Multiple choice

The basic economic problem is that consumers have too many products and services to choose from

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The basic economic problem is scarcity, which means that resources are limited while human wants are unlimited. It is not about having too many products to choose from.

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