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Introduction of Micro-Economics — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsIntroduction of Micro-Economics1 Mark
Question
Why does an economic problem arise?### What gives rise to an economic problem?###Why does the problem of choice arise?
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Answer

If we are not able to satisfy unlimited wants out of limited resources then the economic problem arises.

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