Scarcity guarantees that. A. wants will exceed demands. B. demands will be equal to wants. C. demands will exceed wants. D. most demands will be satisfied
Question
Solution 1
Scarcity guarantees that A. wants will exceed demands.
Here's why: Scarcity refers to the basic economic problem, the gap between limited resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy b Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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