Haha good question but to be honest yes as even though you could argue this practically theoretically all resources are scarce. If this answer is not helpful contact me :)
All resources are scarce.
why are ecomics scarce?
Resources are limited .
True. Because all resources are limited and become scarce.
All resources are scarce.
All resources are scarce.
All resources are scarce.
why are ecomics scarce?
Resources are limited .
True. Because all resources are limited and become scarce.
All resources are scarce.
resources are scarce,.the concepts of scarcity arises from the scarce resources or simply resources for short.
No, it is mainly about the allocation of scarce resources. There are many different branches of this such as finance, development and game theory, but they are all stemmed from the main economic problem of scarce resources.
Resources that are limited and in demand are scarce, and therefore have a cost.
It is not necessary as such, but simply there. Scarce resources form the basis of economics, as it is essentially about determining which uses scarce resources will flow into. As we can't produce all we want with the given resources, it has to be determined what those resources will be used for.
resources that are scarce
Economics doesn't truly care about the conservation of scarce resources, it only cares about how those scarce resources are used. The statement 'Economics is about conserving scare resources' is false.