Economy, asked by Ishanasinha18, 5 months ago

multiplicity of wants and scarcity of means are the two foundation stones of economics.discuss​

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Answered by tanishapaul1340
8

Answer:

Multiplicity of wants and scarcity of means are the two foundation stones on which the edifice of economic activities stands. Our wants are unlimited but means to satisfy them are limited and hence the problem of choice arises.

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