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Because there unlimited wants but limited resources.
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∙ 14y ago
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Why does scarcity exist?
Scarcity exists because our wants and needs are greater than the resources available to satisfy them
Would you have to make choices if you had unlimited resources?
unlimited resources would mean that scarcity does not exist. And if scarcity does not exist, then of course, there's no opportunity cost. we can buy anything we want with enough income.
What is scarcity and why does scarcity always exist?
They occur whenever we dont have enough resources to produce all the things we like to have. By : Taylor S Locklear
Why does scarcity exist in an economy?
*there are not enough resources to produce everything people want*
Why can't opportunity costs exist without scarcity?
because opportunity itself is scarce too
When did Robert Alway die?
Robert Alway died in 1840.
When was Robert Alway born?
Robert Alway was born in 1790.
When was Richard Alway born?
Richard Alway was born in 1939.
Is a trapezoid always irregular?
No, its not alway irregular.
How many miles alway is Germany alway from US?
100 min
When was Renee Alway born?
Renee Alway was born on April 29, 1986.
What is Renee Alway's birthday?
Renee Alway was born on April 29, 1986.
