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14-04-2020
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what's the law of scarcity?

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ysejesus40992 ysejesus40992

14-04-2020

Answer:

The law of scarcity simply notes that economic resources — land, labor, capital, and talent — are limited, not infinite. This assumption is easily verifiable by noting that if resources had been infinite, everything should have been free; because it is not, scarcity must exist

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