Scarcity is a condition that exists because people's wants are greater than the_ and that can be made from all available resources. For line one (its either goods, opportunity cost, or wants.) For line two it is either (Services, Needs, or Trade offs)

The idea of scarcity states that people want more resources than are available in society. This is inevitable, as the production of goods and resources is limited by several different factors including money, time, available natural resources, etc. This law of scarcity results in people having to make decisions about what they will purchase.

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Scarcity is a condition that exists because people's wants are greater than the_________ and________ that can be made from all available resources. For line one (its either goods, opportunity cost, or wants.) For line two it is either (Services, Needs, or Trade offs)

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Scarcity is a condition that exists because people's wants are greater than the_ and that can be made from all available resources. For line one (its either goods, opportunity cost, or wants.) For line two it is either (Services, Needs, or Trade offs)