Yes it is. Is there enough food for everyone to have whatever they want? No. Then it’s a scarce good.
Yes it is. Is there enough food for everyone to have whatever they want? No. Then it’s a scarce good.
Yeah, it’s the ultimate midwit take. Smart enough to realise it’s an abstraction, not smart enough to realise that there’s a base reality (goods themselves being scarce) beneath it.
There really isn’t. There’s enough for everyone to have what they need, but that’s still a scarce good.