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Which of the following examples best illustrates the concept of scarcity?
A) None of these choices are correct.
B) A natural disaster destroys the tomato crop in the U.S. As a result, tomatoes and tomato-based products like
ketchup and spaghetti sauce
C) become more expensive.
A farmer switches his fields from a less drought-resistant crop to one that needs less water to grow.
D) Farmers who grow more crops than needed to met market demand may be unable to sell all their product in
the commodity markets.
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