Which of these terms means "limited resource"? Opportunity cost Scarcity Wants Utility

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asked Jul 2, 2017 234k views

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Mwspencer · Answer 1 · 2017-07-07T10:38:31+0000

The correct answer among the choices listed is the second option. Scarcity is the term that would mean "limited resource". It is the state of having shortage or small amount of supply with a high value of demand. Hope this helps.

Which of these terms means "limited resource"? Opportunity cost Scarcity Wants Utility

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