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a) A limited resource is a product or service that is subject to scarcity.

b) A limited resource is a factor of production required to produce a product or provide a service that is scarce and can be depleted.

c) A limited resource is a factor used by individuals, governments, and businesses to determine the value of trade-offs.

d) A limited resource is a product or service that has its price managed by the government because of scarcity.

My answer is B, is that correct? I just want to check my answer.

1 answer

Yes, your answer is correct.
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