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Explain scarcity. Give an example.

User YourHelper
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shortage of waterExplanation:O

User Pradeep Potnuru
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Answer: A scarcity occurs when there are limited quantities to meet unlimited wants, and a shortage occurs when a good or service is unavailable. an artist who runs a business painting murals in office buildings and restaurants. factors of production. food available because the trucks carrying it are on strike.

Explanation: hope dis helps

User Ghovat
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