A limited amount of goods available means that excess is occurring.

Question

Clay Dillon

Social Studies

7 May, 19:11

A limited amount of goods available means that excess is occurring.

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Answers (1)

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Yair Johns · Answer 1

The word "excess " means " too much" or " more than necessary" - so it means that there are as many resources, goods or services as needed - enough and even more than enough. This is not the same as limited amount, rather the opposite.

So the entire statement is false.