Mathematics, 26.08.2020 22:01 Liapis

Steve buys a new coat from Don's clothing store. Don buys coats from Mary's factory, and Mary buys her material from Sean's mill. The cost of Steve's coat will go up if the workers in Sean's mill get raises. What economic term does this example describe? What term is used to describe the difference between limited resources and wants and needs?

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Steve buys a new coat from Don's clothing store. Don buys coats from Mary's factory, and Mary buys h...

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