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Scarcity (view source)

Revision as of 16:02, December 23, 2006

248 bytes added ,  16:02, December 23, 2006
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Scarcity is a concept basic to all of economics: goods having alternative uses can be increased only by sacrificing other resources or goods.

Anything that costs money would be a scarce good. Anything that is always free, such as air, would not.
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