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Answer:
When each agent doing their role, why do you think scarcity is still present in an
When each agent doing their role, why do you think scarcity is still present in aneconomy?
—Resources are scarce because we live in a world in which humans' wants are infinite but the land, labor, and capital required to satisfy those wants are limited.
—Scarcity: a situation where there is not enough to satisfy everyone's wants. Scarcity continues to exist. More goods and services are being produced today than ever before but the growth in wants is exceeding the growth of economic resources. People still want more products than the resources available can produce.