Home » Economics » Scarcity implies thatScarcity implies that Scarcity implies that A. goods cannot be produced efficiently B. human wants are unlimited C. goods and services are limited in supply D. commodities are evenly distributed within the economy Correct Answer: Option C Explanation Related Posts In the circular flow of income, an increase in savings causes A firm is said to be a public Joint Stock Company when it? Tariff can be define as a compulsory levy on The age distribution of a population is NOT influenced by? If units of a variable factor are increasingly added to a fixed factor and the… A major effect of a long distribution chain is?
