Limited resources are often referred to as "scarce resources." This term emphasizes the idea that these resources are not abundant and are insufficient to meet all demands or desires. Scarcity leads to the need for choices and trade-offs in economics, as individuals and societies must prioritize how to allocate these limited resources effectively.
Scarcity
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Resources limited in their supply are called "scarce resources." These resources are not available in sufficient quantities to satisfy all human wants and needs. Scarcity necessitates the efficient allocation and management of these resources to optimize their use and ensure sustainability. Examples include fossil fuels, freshwater, and certain minerals.
Profit
They are called limited because they take millions of years to form and most probably no-one has millions of years to live.
Renewable energy sources. Whereas resources that have a limited source are called fossil fuels.
Scarcity
Survival of the fitest
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The struggle between orginisms for limited resource is called competiton
Population growth is referred to as exponential growth when resources are not limited, as the population can continue to increase at an accelerating rate.
Resources limited in their supply are called "scarce resources." These resources are not available in sufficient quantities to satisfy all human wants and needs. Scarcity necessitates the efficient allocation and management of these resources to optimize their use and ensure sustainability. Examples include fossil fuels, freshwater, and certain minerals.
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
That is called competition. It is a biological process where organisms in an ecosystem compete for limited resources to survive and reproduce.