Question: Based on the pages below, can I please have help with the following questions. Economics is often called the science of scarcity. How can this

Based on the pages below, can I please have help with the following questions.

Economics is often called the science of scarcity. How can this label be applied to a society of considerable affluence such as our own?

Do you consider man's needs/wants to be insatiable? Does this imply that scarcity must always exist?

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