Scarcity refers to lumitation of ____ in relation to ____ for a commod

1.	Scarcity refers to lumitation of ____ in relation to ____ for a commodity.
Answer» <html><body><p>Demand, <a href="https://interviewquestions.tuteehub.com/tag/sale-1193496" style="font-weight:bold;" target="_blank" title="Click to know more about SALE">SALE</a> <br/>Demand, <a href="https://interviewquestions.tuteehub.com/tag/supply-1235254" style="font-weight:bold;" target="_blank" title="Click to know more about SUPPLY">SUPPLY</a> <br/>Supply, Demand<br/>None of these.</p>Solution :C. Scarcity refers to limitation of Supplyin relation to <a href="https://interviewquestions.tuteehub.com/tag/demandfor-2053596" style="font-weight:bold;" target="_blank" title="Click to know more about DEMANDFOR">DEMANDFOR</a> a commodity. Resources are scarce in relation to our wants and economy cannot produce all what people want. It is the principal reason for existence of <a href="https://interviewquestions.tuteehub.com/tag/economic-448435" style="font-weight:bold;" target="_blank" title="Click to know more about ECONOMIC">ECONOMIC</a> problems in all <a href="https://interviewquestions.tuteehub.com/tag/economies-965541" style="font-weight:bold;" target="_blank" title="Click to know more about ECONOMIES">ECONOMIES</a>.</body></html>

Scarcity refers to lumitation of in relation to for a commodity.