how do we solve the problem of scarcity.

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17-11-2019
Business

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how do we solve the problem of scarcity.

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smartboy137 smartboy137 · Answer 1 · 2019-11-18T03:09:36+01:00

smartboy137 smartboy137

18-11-2019

Economics solves the problem of scarcity by placing a higher price on scarce goods. The high price discourages demand and encourages firms to develop alternatives.

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how do we solve the problem of scarcity.​

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how do we solve the problem of scarcity.