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Which factor is NOT a consequence of scarcity?
  • a)
    Competition for resources.
  • b)
    Innovation and technological advancements.
  • c)
    Income inequality.
  • d)
    Sustainability concerns.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Which factor is NOT a consequence of scarcity?a)Competition for resour...
While scarcity can drive innovation and technological advancements, income inequality, competition for resources, and sustainability concerns are consequences directly related to scarcity.
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