What does the concept of scarcity explain? Choose three answers.
Which statement best describes the impact of scarcity?
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scarcity is an economic concept
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The best sentence to define scarcity is C) Governments must try to meet the wants of citizens. The meaning of scarcity, in general, is to want more than you can have. In this regard, scarcity means to want more and more without an end even when there are limited resources to back up the needs
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