Home » Economics » Scarcity in economics arises becauseScarcity in economics arises because Scarcity in economics arises because A. the resources availoable are adequate B. individuals have limited time C. resources are limited in supply D. human beigns have limited wants E. individual wants are equal to the resources available Correct Answer: Option C Explanation Related Posts Maximum wage legislation seeks to Economic problems arises because If two commodities are good substitutes for one another, e.g butter and margarine,an increase in… To the economist, efficiency of resource use means which of the following is not a problem of distribution of goods in Nigeria? all the following are specific examples of indirect tax except
