Define scarcity.............?
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Scarcity :-- shortage of water
hope it helps you...
hope it helps you...
Light1729:
it doesnt necessarily means fir water
for*
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Scarcity refers to the absence or dearth of a good or commodity in the market which is in demand.
Sometimes an individual may be devoid of resources to purchase goods which they want to which is also referred to as scarcity.
When the demand for a particular commodity is more than the supply for the same, it results to scarcity or shortage of that commodity.
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