What is the meaning of resource scarcity in economics?
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(Definition of economics) What determines whether or not a resource is scarce? Why is the concept of scarcity important in economics?
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What determines whether or not the resource is scarce? Why is the concept of scarcity important in economics?
(Definition of economics) What determines whether or not a resource is scarce? Why is the concept of scarcity important to the definition of economics?Ā