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

Why did stalin suffer from a sense of inferiority answers. Com.
Marx argued that religion would be unnecessary in a society. utopian truly classless or propertyless secular faith-based
Does red or green light have more energy.
Get the points before they are gone!
What are the domain and range of this function? y = (1 + 3)2 – 5 .
what kind of air do winds coming from land masses bring? moist air low pressure air dry air high pressure air
How to Make a Better Robot What is the Passage mainly about
7. Find the slope and y-intercept of the line. y = 2x + 5 A) 5; 2. B) 2; 5 C) 1/2;1/5 D) -1/2;-1/5
what layer of soil is the top soil found​
After using partial quotients to solve 3,231 ÷ 7, you calculate a final quotient of 461 with a remainder. What is the remainder? Please Explain.