jennifercoto616
jennifercoto616 jennifercoto616
  • 17-06-2020
  • Social Studies
contestada

What does the term scarcity mean as it relates to economics?

Respuesta :

amirahgilani
amirahgilani amirahgilani
  • 17-06-2020
Scarcity means that there are not enough resources to satisfy the wants and desires of people. That is the basic economic problem:
Scarce resources and limitless wants
Answer Link

Otras preguntas

Mikes cell phone plan is $50 per month plus $0.10 per text message for each message over 250 messages. If Mikes cell phone bill is $112, how many extra text mes
The distance to the nearest gas station is 2 4/5 kilometers.ehat is the distance written as a decimal
The length of a rectangle is 5 cm more than its width. The perimeter is 82 cm. Find the length of the rectangle.
i dropped out of school at 7th grade!!not because i was stupid,but because i was immature at the time and did something that got me expelled!!im 21 now and i am
which of the following are considered skew lines?
Which scenario most clearly symbolizes freedom
need step by step answer for -3 1/2-(-2)=
ashley purchased a prepaid card phone card for $15. long distance calls cost 11 cents per minute using this card. ashley used her card only once to make a long
Pls help I don’t get it
Need help anyone know how to get it