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LeilsonElid
LeilsonElid LeilsonElid
  • 13-07-2016
  • Business
Answered

Which of these terms means "limited resource"?

Opportunity cost


Scarcity


Wants


Utility

Verified Answer :

taskmasters
taskmasters taskmasters
  • 16-07-2016

The correct answer among the choices listed is the second option. Scarcity is the term that would mean "limited resource". It is the state of having shortage or small amount of supply with a high value of demand. Hope this helps.

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