Jismoniy madaniyat

Iqtisodiy muammo	Economic problems
Choices are necessary because society’s material wants for goods and services are unlimited but theresources available to satisfy these wants are limited (scarce).
Talab elastikligi	Elastic demand	Product or resource demand whose price elasticity is greater than one; means the resulting change inquantity demanded is greater than the percentage change in price.
Talabning resursga bog’liq elastikligi	Elasticity of resource demand	The percentage change in resource quantity divided by the percentage change in resource price; if the result is greater than one, resource demand is elastic;if the result is less than one, resource demand is inelastic; and when the result equals one, resource demand is unit-elastic.