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state any two causes of an economic problem? |
Answer» <html><body><p></p>Solution :(i) Unlimited <a href="https://interviewquestions.tuteehub.com/tag/wants-1448762" style="font-weight:bold;" target="_blank" title="Click to know more about WANTS">WANTS</a>:(ii) <a href="https://interviewquestions.tuteehub.com/tag/limited-1074043" style="font-weight:bold;" target="_blank" title="Click to know more about LIMITED">LIMITED</a> <a href="https://interviewquestions.tuteehub.com/tag/resources-11387" style="font-weight:bold;" target="_blank" title="Click to know more about RESOURCES">RESOURCES</a>: In economics, scarcity means that commodities and resources to produce goods and services are less in relation to their demand. ...(iii) Alternative Uses of Resources: Means are not only limited but <a href="https://interviewquestions.tuteehub.com/tag/also-373387" style="font-weight:bold;" target="_blank" title="Click to know more about ALSO">ALSO</a> have alternative uses.</body></html> | |