Economy, asked by shanjairaj, 7 months ago

scarcity definition was given by​

Answers

Answered by patra14825752ote8cm
0

Significance of Economic Science, British economist Lionel Robbins defined the discipline in terms of scarcity

Answered by JennyOreiller
1

Answer:

Lionel Robbins

Explanation:

Robbins said that the resources available to satisfy unlimited human wants are available in a limited amount or quantity. These scarce means have alternative uses i.e. use here for a purpose or there for another purpose.

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