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

Greatest common factor or common factor for 27 and 63
White light is shining on a green grape. The grape _____. absorbs green light reflects green light reflects all colors of light except green transmits green lig
Planarians have a branched digestive tract with both a mouth and an anus. a. True b. False
PLEASE HELP W/ EXPEDITE AND URGENCY! What is the approximate volume of a sphere with a radius of 9 in.? Use 3.14 to approximate pi and express your answer in
The erosive force of _________ is particularly powerful in deserts. a. wind b. glaciers c. moving water d. human actions
which type of communication includes the words you choose and the grammar you use to express them
850 tens equals how many thousands
The actual cells that the muscles are made of are called _____.
what is tge area of wall space that is not covered by chalkboard paint
The Boers left Cape Colony to begin what two states?