Asked by
Michael Gezahegn
on Oct 26, 2024Verified
The BEST example of an artificially scarce good is:
A) legal services.
B) national defense.
C) a municipal library.
D) cable television programming.
Artificially Scarce Good
A good that has its availability limited by design or through artificial means, rather than through natural scarcity.
Cable Television
A system for delivering television programming to consumers via radio frequency signals transmitted through coaxial cables.
- Acknowledge illustrations of artificially limited goods and grasp the reasons for their designation.
Verified Answer
DJ
Learning Objectives
- Acknowledge illustrations of artificially limited goods and grasp the reasons for their designation.
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