Home
Class 11
ECONOMICS
What do you mean by the problem of scarc...

What do you mean by the problem of scarcity ?

Text Solution

Verified by Experts

Problem of scarcity means insufficient availability of resources in relation to demand for the resources.
Promotional Banner

Topper's Solved these Questions

  • DEMAND AND ITS DETERMINANTS

    SANDEEP GARG|Exercise Model test paper 3|12 Videos

  • DEMAND AND ITS DETERMINANTS

    SANDEEP GARG|Exercise Model test paper 1|12 Videos

  • DEMAND

    SANDEEP GARG|Exercise Unsolved particles|4 Videos

  • ELASTICITY OF DEMAND

    SANDEEP GARG|Exercise Unsolved practicals|79 Videos

Similar Questions

Explore conceptually related problems

What do you mean by data?

What do you mean by unit?

What do you mean by MTP?

What do you mean by FAS?

Knowledge Check

  • What do you mean by FAS?

    A
    Fatal Alcohol Symptom
    B
    Foetal Alcohol Syndrome.
    C
    Formal Alcohol Symptoms
    D
    Famous Abnormal Symptoms.