sandraulochi
sandraulochi sandraulochi
  • 01-10-2021
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In details, expatiate on why scarcity is a problem in economics​

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rrajukc7
rrajukc7 rrajukc7
  • 01-10-2021

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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