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what does \scarce resources\ mean? it is impossible to allocate resourc…

Question

what does \scarce resources\ mean? it is impossible to allocate resources efficiently. there are no resources available. there is a limit on the availability of resources. there are unlimited resources available.

Explanation:

Brief Explanations

In economics, scarce resources refer to resources with limited availability relative to the demand for them.

Answer:

There is a limit on the availability of resources.