3 years ago

In details, expatiate on why scarcity is a problem in economics

1 answer:

4 0

Answer:

Scarcity is one of the key concepts of economics. It means that the demand for a good or service is greater than the availability of the good or service. Therefore, scarcity can limit the choices available to the consumers who ultimately make up the economy.

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In details, expatiate on why scarcity is a problem in economics​

In details, expatiate on why scarcity is a problem in economics