What is the limited supply of goods or services

Question

asked Aug 21, 2021 50.1k views

1 Answer

Steve Childs · Answer 1 · 2021-08-25T21:09:16+0000

Answer

The scarcity principle is an economic theory in which a limited supply of a good, coupled with a high demand for that good, results in a mismatch between the desired supply and demand equilibrium

What is the limited supply of goods or services

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions