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What is the fundamental problem producers and consumers face?

services
scarcity
resources
inadequacy

User Shane Lu
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2 Answers

4 votes
scarcity.................
User Florian Hockmann
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6 votes

I believe the answer is: Scarcity

Scarcity refers to limited availability for a certain type of resources or commodities in the market. Because of this limit, not all people can obtain all commodities that they want. This lead to a situation where both producers and the costumers had to compete with one another.

User Efi MK
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