Physics, 23.07.2019 01:30, daemonacoster

Which situation are economists describing when they use the term scarcity? a) when one has a surplus of natural resources and/or labor b) when one does not need to make trade-offs to satisfy one’s needs c) when one does not have enough resources to satisfy all of one’s wants d) when one’s wants and needs are fully met

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Which situation are economists describing when they use the term scarcity? a) when one has a surplu...