Ask Question

What is the limited supply of goods or services

+5
Answers (1)
  1. 1 May, 17:42
    0
    Answer

    The scarcity principle is an economic theory in which a limited supply of a good, coupled with a high demand for that good, results in a mismatch between the desired supply and demand equilibrium
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is the limited supply of goods or services ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers