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Scarcity Relative to Demand Is Called ________

question 118

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Scarcity relative to demand is called ________.

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Definitions:

Anode

An electrode through which conventional current flows into a polarized electrical device; in electrolysis, it is the positively charged electrode.

Battery

A device used to convert chemical energy into electric energy. A group of voltaic cells connected together in a series or parallel connection.

Electromotive

Related to the generation or production of electromotive force or voltage.

Ionic Series

In chemistry, a series that ranks ions based on their ability to displace other ions in reactions, often related to their reactivity or electrode potentials.

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