Business Studies, asked by pradhansunita2008200, 9 months ago

what is scare tangible item?

Answers

Answered by cskooo7

12

Explanation:

SCARCE GOOD: A tangible item produced with society's limited resources for the purpose of satisfying wants and needs. ... A scarce good is typically exchanged through a market. Buyers pay a price to obtain the good and sellers give up the good in exchange for payment.

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Answered by DeeyAk

1

Answer:

scarce good is the tangible item

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