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  • 01-05-2020
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How do resources and wants create scarcity?

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  • 01-05-2020

Answer:

Scarcity refers to the basic economic problem, the gap between limited—that is, scarce—resources and theoretically limitless wants. Scarcity refers to the basic economic problem, the gap between limited—that is, scarce—resources and theoretically limitless wants.

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