Scarcity

 

 

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Scarcity

 

Glossary of business

 

Definition of scarcity

 

Scarcity is the fundamental economic problem. It arises because there are insufficient resources to meet all consumer wants.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of scarcity

 

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