Why are all goods and services scarce?

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05-09-2019
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Why are all goods and services scarce?

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Thevintagepriince Thevintagepriince · Answer 1 · 2019-09-05T02:07:09+02:00

Thevintagepriince Thevintagepriince

05-09-2019

All goods and services are scarce because the resources used to produce them are scarce. – There are only so many natural resources available to produce particular goods. The amount of labor available to produce goods and services can be limited.

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