all resources are not qually scare. explain.
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Scarcity is a situation in which resources available for the satisfaction of wants are less than the resources required for the satisfaction of human wants. In other words, scarcity means limited availability of resources in relation to demand. ... But all resources are not equally scarce all the time.
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Scarcity is a situation in which resources available for the satisfaction of wants are less than the resources required for the satisfaction of human wants. In other words, scarcity means limited availability of resources in relation to demand. ... But all resources are not equally scarce all the time.
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