What are 'scarce means' according to Robbins ?
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Answered by
4
Answer:
here is your answer.i am in class 10 and new in brainly
Explanation:
According to Robbins,"economics economics is the science which studies human behaviour as a relationship between unlimited mean and scarce means which have alternatives uses."AAA. this this definition was supported by various famous economicst like stigler,peter etc.
Answered by
2
Answer:
Scarcity Definition(Modern Definition): Lionel Robbins.
According to the Lionel Robbins,
"Economics is the science which studies humans behavior as a relationship between unlimited ends and scarce means which have alternative
uses "AAA.
Explanation:
In his landmark essay on the nature of
economice, Lionel Robbins defined economics
as. "the science which studios human behaviour as a relationship between ends and scarce means which have alternative uses"
(Robbins, 1935, p. 16).
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