Saturday, 22 October 2011

Scarcity

Q - What is Scarcity ?

Ans - Scarcity is a situation where there is not enough to satisfy everyone's wants.

Q - Scarcity as the Economic Problem ?Ans - The economic problems arises because of scarcity. There is no limit to people's want - they are infinite.



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Scarcity

Q -  What is Scarcity ? Ans - Scarcity is a situation where there is not enough to satisfy everyone's wants. Q - Scarcity as the Econom...

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