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What do you mean by scarcity of resources? - Economic Applications

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प्रश्न

What do you mean by scarcity of resources?

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उत्तर

Scarcity of resources refers to a limitation in the supply of an item in comparison to its demand.

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अध्याय 1: Meaning and Definition of Economics - QUESTION BANK [पृष्ठ १६]

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जे. पी. गोयल और कौशल गोयल Economic Applications [English] Class 9 ICSE
अध्याय 1 Meaning and Definition of Economics
QUESTION BANK | Q 8. | पृष्ठ १६
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