Scarce resource: Difference between revisions
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''Economics - microeconomics''. | ''Economics - microeconomics''. | ||
An input to a process that is in limited supply. | An essential input to a process that is in limited supply. | ||
For example, appropriately skilled labour, or particular raw materials. | For example, appropriately skilled labour, or particular raw materials. | ||
Latest revision as of 01:08, 7 August 2021
Economics - microeconomics.
An essential input to a process that is in limited supply.
For example, appropriately skilled labour, or particular raw materials.
