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What is another meaning for scarce?
Scarce also means that something is rare.
How can a good be costly yet not scarce?
Yes. Something that is currently in fashion at a given time can become very costly as a status symbol, even if it isn't rare.
What is a demand based upon?
The strength of a desire for something and how scarce that something is.
Why is resources scarce?
The amount of land available cannot satisfy the needs and wants of everyone. this is because population increases yet land stays the same. therefore it is scarce.
Why is land a scarce resource?
The amount of land available cannot satisfy the needs and wants of everyone. this is because population increases yet land stays the same. therefore it is scarce.
WHY LAND IS SCARCE RESOURCE?
The amount of land available cannot satisfy the needs and wants of everyone. this is because population increases yet land stays the same. therefore it is scarce.
Did pioneers have watches?
No, because watches weren't invented yet. yes they did they were just very scarce
What is relative scarcity?
Relative Scarcity is the fact that something is relatively scarce
What is a good sentence for scarce?
If you mean a definition then 'something that is in limited supply' (:
What part of speech is the word scarce?
The word "scarce" can function as both an adjective and an adverb. As an adjective, it describes something that is in short supply or insufficient. As an adverb, it modifies a verb and means not often or rarely.
How do you use the word scarcely in a sentence?
Scarce basically means there is not very much of something... For example: Butter is very scarce. The information provided is scarce.
In economics identify 4 scarce resources and how do you reconcile something limited against somethig unlimited?
scarcity
