Absence of scarcity would mean absence of economics Explain with logic

1.	Absence of scarcity would mean absence of economics Explain with logical reasoning
Answer» Economics is all about how to manage and utilise our limited natural resources in sustainable way. Here scarcity means the Unabundance of of needs and wants. Therefore the microeconomics is whole and sole based on the scarcity of resources and unlimited needs of our people.

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