Question
What is the definition of scarcity? (1 point) Responses when limited resources cannot meet unlimited wants when limited resources cannot meet unlimited wants a willingness to pay for a good or service a willingness to pay for a good or service the total amount goods or services available for purchase the total amount goods or services available for purchase a decrease in population
Answers
Answered by
GPT 3.5
Scarcity is when limited resources cannot meet unlimited wants.