“To an economist, a resource is ‘scarce’ only if it has a positive price. Resources with zero prices are, by definition, not scarce.” Do you agree? or does the scarce convey some other meaning?
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scarce goods means , goods or items that are either low or sufficient . these can be due to many factor such as low production , whether loss , transport strike , low availability of resources in not are itself . Another , example would be daimend these are hardest material on the earth and it is so expensive gem
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