When a society cannot produce all the goods and services people wish to have, it is said that the economy is experiencing

When a society cannot produce all the goods and services people wish to have, it is said that the economy is experiencing

Naim 23:06

When a society cannot produce all the goods and services people wish to have, it is said that the economy is experiencing



a. scarcity.
b. surpluses.
c. inefficiencies.
d. inequalities.


Answer: a


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