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What do you mean by the problem of scarcity ?

    • Posted by Shambhavi Mishra 7 years, 4 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Shivangi Goel 7 years, 4 months ago

    Problem of scaricity or the problem of choice refers to the optimum utilization of scare resources and their rational management ..... This problem arise out of the fact that resources are scare, resources have their alternative uses and human wants are unlimited....

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