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AP Microeconomics 1.1: Scarcity and Resources

Practice AP Microeconomics questions on scarcity, economic resources, choice, physical capital, and how markets respond when goods become scarce.

Syllabus
Effective Fall 2026
Course
AP Microeconomics

MKT-1.A—Define resources and the cause(s) of their scarcity question 1

[Maximum number: 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

Figure for Question MKT-1.A—Define resources and the cause(s) of their scarcity question 1 — AP Microeconomics
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