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Explain scarcity in simple language?

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Explain scarcity in simple language?

Posted by Priyanshu Prajapati 7 years, 6 months ago

CBSE > Class 11 > Economics

5 answers

Nivhedhitha Sridhar 7 years, 6 months ago

lack of resource in relation to demand

Yash Gupta 7 years, 6 months ago

Scarcity means shortage of a good .....in simple language

Priya Rawat 7 years, 6 months ago

Scarcity it implies that thé supply of ressources Is less Than their. Demand D>s it is thé root of economy

Sakshi Sharma ??️??️??️ 7 years, 6 months ago

Excess of demand over supply

Khawaishbhasin Bhasin 7 years, 6 months ago

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