Economic goods are termed scarce goods when they are?

Economic goods are termed scarce goods when they are?
  • A.
    not available in sufficient quantities to satisfy all wants for them
  • B.
    not produced in sufficient quantities to satisfy the effefctive demand for them
  • C.
    of high quality
  • D.
    of primary importance in satisfying the needs of a society
Correct Answer: Option A
Explanation
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