A. resources
B. wants
C. scarcity
D. capital
Correct Answer:
Option C = scarcity
Explanation
Scarcity is one of the most important components of the definition of economics. It signifies the gap between limited resources and limitless wants.
A. resources
B. wants
C. scarcity
D. capital
Correct Answer:
Option C = scarcity
Explanation
Scarcity is one of the most important components of the definition of economics. It signifies the gap between limited resources and limitless wants.
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