AP Microeconomics 1.1: Scarcity and Choice
Explain scarcity and opportunity cost, then apply economic reasoning to choices and resource allocation.
- Syllabus
- Effective Fall 2025
- Course
- AP Microeconomics
Covered syllabus points
1.1 Scarcity question 1
38. Which of the following is an example of physical capital?
A
Earnings from a job
B
Fish in the ocean
C
Money in a person's wallet
D
An unskilled worker
E
A tractor used in farming
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