The fundamental problem of economics is: the forecast of key economic variables the establishment of prices that reflect the relative scarcity of productive resources O dealing with the scarcity of productive resources relative to an unlimited number of economic wants. O determining the amount of one product that must be given up to produce one more unit of another product.

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A: The correct answer is given in the second step.

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A: Step 1: First convert mg into grams. We know that 1 mg = 0.001 grams So, 200 mg =200(0.001) =0.2…

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