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Guided Reading and Review Workbook. ashleyroselin. Views. 3 years ago. No tags were found READ. 013067947X. READ. Show more documents; Share Scarcity and the Factors of Production. A. As You F c. E o-. @. (2 Ghapterl Section t: Guided Reading and Review Answer each of the following questions. 7. Chapter 1 Guided Reading Section 1: Scarcity and the Factors of Production A. As you Read: Supply in the space provided an explanation an economist might Start studying Economics Chapter 1-- Scarcity and the Factors of Production. Learn vocabulary, terms, and more with flashcards, games, and other study tools. CHAPTER. GUIDED READING AND REVIEW. Scarcity and the factors of Production Directions: As you read Section 2, answer the questions under each mainScarcity and the Factors of Production (z Chapter 1 Section 1: Guided Reading and Review Write the letter of the correct answer in the blank provided. 5. Section 1: Guided Reading and Review. Scarc ity Scarcity always exists. 2. Our needs Land, labor, and capital make up the factors of production . @. 11. Reviewing Key Terms Answer each of the following questions.ig'-5 _ ______ 2 NAME CLASS DATE Section 1: Quiz Scarcity and the Factors of Production A. Key Terms Write the letter of the correct answer in the blank provided. 3 NAME C~SS DATE Section 2: Guided Reading and Review Opportunity Cost A. As CHAPTER 1. Section 1: Guided Reading and Review. Scarcity and the Factors of Production. Statement. 1. People must make choices to satisfy their needs.