Examlex
The relevant range of activity is the range in which actual operations are likely to occur.
Scarcity
The basic economic issue arises from the infinite human desires facing a scarcity of resources in the world.
Limited Resources
The finite availability of resources such as time, money, and materials, which necessitates choices about their allocation.
Scarcity
A fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.
Resources Are Limited
A principle stating that the availability of physical, natural, and human resources is finite, necessitating choices and trade-offs.
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