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10 cards from this deck
Unlimited wants but limited (scarce) resources
Satisfaction/pleasure from consuming goods & services
Want that follows from satisfying another want
Want that must be satisfied repeatedly over time
What, how much, how to produce; how to distribute
Next-best alternative that must be foregone
Fewer wants can be satisfied
Through taxation revenue from community
Desires of entire community, not individuals
Unlimited - as one is satisfied, another emerges
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