sandraulochi sandraulochi

01-10-2021
History

contestada

In details, expatiate on why scarcity is a problem in economics

Respuesta :

rrajukc7 rrajukc7

01-10-2021

Answer:

Scarcity is one of the key concepts of economics. It means that the demand for a good or service is greater than the availability of the good or service. Therefore, scarcity can limit the choices available to the consumers who ultimately make up the economy.

Answer Link

Otras preguntas

What is one reason why Thomas Paine says that the time for independence is now? a. Because the British have vulnerable islands b. Because the British are distra

A rectangle has a length of 10 inches and a perimeter of 48 inches. Which equation could be used to find the width of the rectangle? a. 48 = 10w b. 48 = 20 – 2w

What is the 4 methods that can be used to separate mixtures?

Sue uses the expression 8×3000+8×200+8×9 what is sues multiplication problem

why did the roaring twenties get its name

12 letter that has to do with farming

what is 6 5/12 as a decimal?

How to use consumer in a sentence?

What happened during the Boston Massacre? A. Native Americans killed six colonists in Rhode Island. B. Colonial militia killed twenty British soldiers in Pen

How does the number line represent equivalent fractions and decimals?