Which Example Is Considered an Artificially Scarce Good

question 100

Multiple Choice

Which example is considered an artificially scarce good?

• A) a candy bar
• B) a free art exhibit in a city park
• C) a pay-per-view boxing match on cable television
• D) provincial highways without tolls

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Definitions:

Foreign Currencies

Currencies used in countries other than one's own, involved in international trading and financial transactions.

U.S. Businesses

Companies or enterprises that are located within the United States, encompassing a wide range of industries and sizes.

Imported Goods

Products or services brought into one country from another for sale.

International Gold Standard

A monetary system in which countries fixed the value of their currencies in terms of a specified amount of gold, facilitating international trade and investment.