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How do resources and wants create scarcity?

User Shishram
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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.

Explanation: I googled it

User Vinod VT
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