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Answer to Question #204898 in Microeconomics for qianhe

Question #204898

examples of scarcity that you face. (microeconomic)

1
Expert's answer
2021-06-09T08:58:06-0400

Human beings have numerous needs but they have limited resources to satisfy them. Examples of scarcity faced in daily lives include healthcare shortages, food shortages, water scarcity, land shortages for farming, and labor shortages in industries.


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