ECS 1500 ASSIGNMENT 1

Johns Hopkins University

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ECS 1500 ASSIGNMENT 1
  • ECS 1500 ASSIGNMENT 1

  • Exam (elaborations) • 8 pages • 2021
  • ECS 1500 ASSIGNMENT 1 SEMESTER 2:2020 UNIQUE ASSIGNMENT NUMBER: DUE DATE: 28 August 2020 WEIGHT FOR SEMESTER MARK: 40% UNITS COVERED: 1-4 11 Free public health facilities in South Africa are an example of non-scarce services. [1] True [2] False 2 -Answer- False scarcity of commodity is refers to the limitation of resources given the needs and wants of economic agents that are unlimited. Scarcity of commodities is not defined by who provides it (being provided by the government or pri...
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