Question: Scarcity differs from poverty because available resources is called the problem of a. opportunity cost. c. b. scarcity. normative economics. d. what to produce. e.

Scarcity differs from poverty because available resources is called the problem of

a. opportunity cost.

c. b. scarcity. normative economics.

d. what to produce.

e. who will consume.

a. resources exceed wants for the rich.

b. wants exceed resources even for the rich.

c. the rich do not have to make choices.

d. the poor do not have any choices.

e. the poor do not have any wants.

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