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Homesteaders who moved west to settle on free land found that a.the land was lush and fertile for growing crops and raising cattle. b.the land did not actually exist. c.they still needed about $1000 for a house, animals, fencing, seeds, and a well. d.natural resources were scarce, and the land was inhabitable.

Homesteaders who moved west to settle on free land found that a.the land was lush and fertile for growing crops and raising cattle. b.the land did not actually exist. c.they still needed about $1000 for a house, animals, fencing, seeds, and a well. d.natural resources were scarce, and the land was inhabitable.

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter2: Choice In A World Of Scarcity
Section: Chapter Questions
Problem 3SCQ: Could a nation be producing in a way that is allocatively efficient, but productively inefficient?
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Homesteaders who moved west to settle on free land found that a.the land was lush and fertile for growing crops and raising cattle. b.the land did not actually exist. c.they still needed about $1000 for a house, animals, fencing, seeds, and a well. d.natural resources were scarce, and the land was inhabitable.
Transcribed Image Text:Homesteaders who moved west to settle on free land found that a.the land was lush and fertile for growing crops and raising cattle. b.the land did not actually exist. c.they still needed about $1000 for a house, animals, fencing, seeds, and a well. d.natural resources were scarce, and the land was inhabitable.
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