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Reported Question / Answer
Q.) Which of the following would signify scarcity in economics ?
1)
Availability of post-graduates for jobs of typists
2)
Quantity supplied remains the same when price changes
3)
Production of 100 kg of a certain item instead of the targeted 150 kg
4)
Availability of 10 kg of rice against a demand for 15 kg
5)
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Answer :
4
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