Scarce resource

From ACT Wiki
Revision as of 01:08, 7 August 2021 by imported>Doug Williamson (Expand definition.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Economics - microeconomics.

An essential input to a process that is in limited supply.

For example, appropriately skilled labour, or particular raw materials.


See also