Daffodil International University

Faculties and Departments => Business & Entrepreneurship => Topic started by: Md. Alamgir Hossan on April 11, 2017, 12:49:29 PM

Title: What is scarcity?
Post by: Md. Alamgir Hossan on April 11, 2017, 12:49:29 PM
Scarcity is the limited resources in contest of our demand. The poor and the rich alike face scarcity. A child wants a $ 1.00 can of soda and two 50 packs of gum but has only $1.00 in his pocket. So, he faces scarcity.
Scarce resources: So Resource limited between demands so this resources are scarce resources.