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BartSMP [9]
3 years ago
9

What happens when unlimited wants exceed limited productive resources?

Law
1 answer:
tatyana61 [14]3 years ago
6 0

Answer:

Limited resources. Unlimited wants. The Economics of Seinfeld says the following regarding the term: “Unlimited wants essentially mean that people never get enough, that there is always something else that they would like to have.” “When combined with limited resources, unlimited wants result in the fundamental problem of scarcity.”

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