Scarcity
jj
Profit
They are called limited because they take millions of years to form and most probably no-one has millions of years to live.
The situation is called Tailoring Economics. With limited resources, you are indeed tied with your choices and are to be satisfied with whatever is available in the scarce scenario.This is reminiscent to the proverb 'Cut your coat according to your cloth'.
because they are limited resources.
Renewable energy sources. Whereas resources that have a limited source are called fossil fuels.
"unlimited" "exponential"
Scarcity
Survival of the fitest
jj
The struggle between orginisms for limited resource is called competiton
when the supply fund resources is permanent it is called flow resources. on other hand fund resources are those which are fdixed and limited in the quanity
We know that organisms that must struggle to survive in a habitat with limited resources will be in competition to do so.
The selection of the organism that survives best in a habitat with limited resources and that organisms superior reproductive success is called natural selection.
Profit
national resources are the resources used by the nation.it can be also called public resources.