Economy, asked by sivanshsingh43, 6 months ago

Scarcity is the root cause of the problem of choice which every economy has to face

Answers

Answered by Ish0123
4

Explanation:

Scarcity is the root cause for all economic problems. ... Thus, it is due to the scarce availability of resources (having alternative uses) to fulfil the different and competing unlimited wants that an economy faces the economic problem or the problem of choice.

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