fernanda023
fernanda023 fernanda023
  • 01-06-2020
  • Business
contestada

A basic concept in economics is that al resources are?

Respuesta :

ayokenny2001
ayokenny2001 ayokenny2001
  • 07-06-2020

Answer:

Limited

Explanation:

It is general believed that human wants are unlimited but the resources to satisfy them are limited.

Scarcity is a term in economics, which means that the resources available will not be enough to meet the unlimited human want hence resources must be allocated efficiently.

Some of the causes of scarcity are when demand is greater than what is being produced, when there are no enough suppliers to supply certain products. Etc

Answer Link

Otras preguntas

A middle school team scored three field goals worth three points each and two touchdowns worth six points with a single extra point for each touchdown. How many
20-4(4-3x)-7x=16-2(7-4x)
How do protozoans with pseudopods eat?
value mart is having a back to school sale on pencils a pack of 30 sells for 7.97 whereas a 12 pack brand cost for 4.77 which is better to buy and please explai
who can help me with quantitative observation examples
A certain type of carpeting is 30 inches wide. How many yards of this carpet will be needed to cover a floor that measures 20 feet by 24 feet?
how do I round off 248,739 to the nearest hundred?
what is the word form for 12,324,904?
a square photo display board is made up of 60 rows of 60 photos each the area of each square photo is 4 square inches how long is each side of the display board
Solving linear equations is not for me :b i need to know p - 15 = 13 - 6p