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A scarce resource is any material good that has a limited supply. Technically, air is a scarce resource, like all material, due to the law of conservation of matter.
However, because it is initially plentiful and renewable on a mass scale, there's little reason to fear a shortage, which mustn't be confused with scarcity.
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Would an economist consider clean air a scarce resource?
lkfdjgyes
Is time a scarce resource?
yes
What is a scarce resource in the region?
fossil fuels
Why is water considered a scarce resource?
Water is considered as a scarce resource as fresh water occupies only 3% of total water found on earth.
Scarce resource that need to be managed?
land, minerals,fish and forest.technologies, knowledge
Would an economist consider clean air a scarce resource?
lkfdjgyes
Why time as a resource is scarce?
Because it is important
Which resource water soil or air do you think is most precious to people?
The one that becomes scarce the first.
Is time a scarce resource?
yes
What is a scarce resource in Iran?
Rain
Why is diamond a scarce resource?
'Scarce resource' implies that the resource is uncommon, rare and hard to find, all of which is true for the mineral diamond. As to why diamond is scarce, that's a Mother Nature question, and she's not answering questions here, sorry.
What important resource is extremely scarce in North Africa and Southwest Asia?
Water is the most scarce resource in north Africa and southwest Asia.
What is a scarce resource in the region?
fossil fuels
Why is water considered a scarce resource?
Water is considered as a scarce resource as fresh water occupies only 3% of total water found on earth.
Why water considered a scarce resource?
Water is considered as a scarce resource as fresh water occupies only 3% of total water found on earth.
Water is a resource in Southwest Asia?
it is very scarce
Is oil scarce?
This is because oil is a nonrenewable resource.
