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What is the causes of scarcity?

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Answered 2012-08-26 18:46:15

Higher demand than supply

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How scarcity causes economic problem?


Causes of water scarcity?

constant use of it

What are the causes of scarcity of water?

vfdbs vccjwaegvjwfcafcw

Concept of scarcity?

Scarcity is the economic issue of unlimited wants of very limited resources or products. Sometimes a highly desired resource or product simply can not be produced. This causes a state of scarcity.

How does scarcity affect the prices of goods and services in a market?

Scarcity causes raises in prices, as there is less of a product or service. -Yackna anwsered this

What term causes a nation to have to answer the three basic economic questions?

Scarcity of resources

Why is economic the study of scarcity and choice?

Economics is the study of Economic Activities. There would not be Economic Activities (such as buying and selling) if there wasn't a scarcity of the resources that are needed to satisfy everyone's wants. Economics studies how scarcity causes people to make different choices.

What are dry regions?

It is a region that is dry and has scarcity of water which causes many trouble for people who lives there.

What are the causes for the scarcity of water?

climate change or humans (using too much) are some ways.

How does scarcity affect producers?

Scarcity of availability causes producers to either charge higher prices or to produce more goods and services (like energy production, cars, paper, etc.)

What are the causes of scarcity of water across the globe?

There is no scarcity of water around the globe. It would be flatly impossible. The ocean water keeps on evaporating and falling as rain, just as it has for a billion years.

What is scarcity and how does scarcity influence opportunity cost?

Scarcity is a situation where there is not enough to satisfy everyone's wants.

How does desertification affect the water cycle?

Desertification causes water scarcity. No water comes by the process of water cycle in such areas.

What is the meaning of scarcity?

Scarcity means "of limited availability" for instance, during a famine food is 'scarce' i.e. there is a scarcity of food. Thus the opposite of scarcity is 'abundance'.

What does scarcity means?

scarcity is the condition of being scarce or less. Usually associated with a certain quantity. Like scarcity of water in a desert. Scarcity of rain in a region

Whi is scarcity important in economics?

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

Can you have Hindi essay of scarcity of water?

water scarcity

Need a sentence for scarcity?

There was a scarcity of water in the desert.

What is scarcity in an economic sense?

scarcity is the problem in all societies. Scarcity is limited resources to satisfy human wants.

What is a sentence for the word scarcity?

The scarcity of the books in the library shocked me.

How do you use the word scarcity in a sentence?

There is a scarcity of food in Africa

What is the word for not enough to meet demand.?

shortage scarcity

How can scarcity be solved?

Scarcity can never be officially solved. Only temporary fixes and substitutes can lessen the effects of scarcity in the world.

What is firewood scarcity?

A firewood scarcity is when the demand of firewood is greater than the supply. The cause of firewood scarcity is from the result of deforestation.

Why is the concept of scarcity important in rich countries as well as poor ones?

Scarcity = limited resources of the earth. Developed countries have better technology and organization to deal with scarcity, but scarcity is still there

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