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Which of the following scenarios would best illustrate to 6th-grade students the economic principle of scarcity?A. Hank increases the price of the apples he sells because property tax on his farm has increased.B. Jane and Abe make different incomes but are taxed at the same rate.C. Jim owns a local hardware store and holds a sale on hammers because he has more in stock than people are willing to buy at his current price.D. Both Hailey and Sheila want to purchase a pair of shoes, of which only one is available at their local store.
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