supply and demand
Scarcity is a relative aspect. Consider there is 'abundant' X and also 'abundant' Y but the consumer has to decide how much Income (Income may also be considered abundant) to allocate between X and Y (Now though both abundant they may be relatively scarce i.e. when compared to each other), and this is done from his perception of utility which is an economic concept. So economics is also the study of optimal allocation, in scarce or abundant scenario.
air and seawater. and all other goods which is free and abundant,.. land,air,water to drink,
Coal mining affects the economy because it is a relatively cheap energy resource, because it is abundant in most of America.
Scarce resources are resources that are becoming more difficult to find. In some cases resources are scarce in one area but not as scarce in another. Here is a list of 10 examples of scarce resources, clean water, land, food, oil, natural gas, phosphorus, coal, scandium, terbium, and minerals.
Some resources that are considered scarce in Germany include arable land, natural gas, and certain minerals. Additionally, skilled labor in specific industries, such as technology and engineering, can also be limited.
The only abundant natural recourse that Germany has is coal, all other can be classified as scarce.
no coal isnt scarce
Scarce.
scarce
Abundant, or plentiful
Antonym for permanent: Temporary Antonym for abundant: Scarce
privation deprivation lack poverty scarce
lacking, rare, scarce, sparse
China, as they uses coal in factory
Polonium is a extremely scarce chemical element.
Coal mining will not last for long because coal is becoming scarce.