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Question
which of the following is not true due to scarcity? human wants can all be satisfied. individuals, businesses, and governments all make decisions about how to use limited resources. time is a limited resource. every economy deals with what types of goods and services should be produced.
Scarcity means resources are limited while human wants are unlimited. So, human wants cannot all be satisfied. Time is a limited resource. Due to scarcity, individuals, businesses, and governments make decisions on resource - use and economies decide on production of goods and services.
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Human wants can all be satisfied.