Economy, asked by badesreeja777, 1 month ago

a good that is scarce relative to the total demand for it

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Answers

Answered by lxItzPrincexl
6

Answer:

scarcity

A scarce good is a good that has more quantity demanded than quantity supplied at a price of $0. The term scarcity refers to the possible existence of conflict over the possession of a finite good.

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