A weekend market is offering $2 cups of coffee at one stall and free pizza at another stall. Thinking like an economist at this market, you would consider:

1. Coffee and pizza as being scarce goods.
2. Coffee to be sometimes scarce.
3. Pizza not to be a scarce good.

Which of the above statements are true:

		Only 1 is true.
		Only 2 is true.
		Both 1 and 2 are true.
		Both 2 and 3 are true.
		All three are true.

Answer rating: 100% (QA)

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