answersLogoWhite

0

In Economics, what does scarcity mean?

User Avatar

Ariana Taylor ∙

Lvl 3
∙ 3y ago
Updated: 9/16/2021

Wants and desires will always exceed the resources available to fulfill them.

User Avatar

Ariana Taylor ∙

Lvl 3
∙ 3y ago
Copy

What else can I help you with?

Related Questions

Whi is scarcity important in economics?

Scarcity is the fundamental basis of economics. Without scarcity, there would be no economy.


Why does the economics is social science?

economics is a science of scarcity


What does economics examine?

scarcity


Which of these controls economics?

scarcity


Who is the mother of economics?

scarcity


Who is Mother of economics?

scarcity


What economics examine?

scarcity


Does economics examine?

scarcity


Who is the eminent of economics?

Scarcity


What does the therm scarcity mean in economics?

Under the broadest meaning, scarcity would mean that there are limits to our resources on this planet. A resource or a commodity that exists as a limited quantity would be said to be scarce.


How does the study of economics depend upon the phenomenon of scarcity?

Economics is the study of how society manages its scarce resources therefore, the study of economics is only important because of the scarcity of resources. Higenyi


Economics is controled by which of these?

Scarcity A+ sucks TAO

Trending Questions
What is an app that you sing and it recognizes it? What age do you have to be to start kite surfing? Is it bad to master bat every day? Why did Ancient Egyptian doctors depend on the Nile river? How many sheets of paper in one rim? Grammar rules for using hard and hardly in English? How do you calculate risk - free return? What does 2 plus 1 equal? What is the population density of Restoule? Is Rb2SO4 an electrolyte? Can medical bills effect your credit while making payments on them? Does digestion start before peristalsis takes place? How does building dams help us to prevent erosion? What is Fonthill Gifford's population? Babe Ruth Lou gehrig signed baseball with team? What job's did Beyonce have before becoming famous? What's the product life cycle of barbiegirls.com? Why do rats carry germs? Are frogs producers or consumers or parasites? What is a person with a positive attitude called?

Resources

Leaderboard All Tags Unanswered

Top Categories

Algebra Chemistry Biology World History English Language Arts Psychology Computer Science Economics

Product

Community Guidelines Honor Code Flashcard Maker Study Guides Math Solver FAQ

Company

About Us Contact Us Terms of Service Privacy Policy Disclaimer Cookie Policy IP Issues
Answers Logo
Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.