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Answered

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What does the term scarcity mean as it relates to economics?
A. Needs are more important than wants.
B. There are more wants and needs than can be satisfied by the
available resources.
C. Resources are used to produce the goods that constitute wants
and needs.
D. There are more wants than needs.

Sagot :

patriciaakpoke

Answer:

B. There are more wants and needs than can be satisfied by the available resources.

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