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Which of these statement is false Economics is anout conserving scarce resources Economics is about the use of scarce resources?

Gicel88 ∙

Lvl 1

∙ 10y ago

Updated: 4/28/2022

Economics doesn't truly care about the conservation of scarce resources, it only cares about how those scarce resources are used.

The statement 'Economics is about conserving scare resources' is false.

Wiki User

∙ 10y ago

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Economics is about conserving scarce that you need to produce the goods for people to buy?

resources

Which statement would best complete a short definition of economics ''Economics is the study of .........''?

The efficient use of scarce productive resources.

What are resources in terms of economics?

resources are scarce,.the concepts of scarcity arises from the scarce resources or simply resources for short.

What is the study of how society manages its scarce resources?

Economics

Economics is about the production of goods and services which requires the allocation of what?

Resources

Related Questions

Economics is about conserving scarce that you need to produce the goods for people to buy?

resources

Which statement would best complete a short definition of economics ''Economics is the study of .........''?

The efficient use of scarce productive resources.

What are resources in terms of economics?

resources are scarce,.the concepts of scarcity arises from the scarce resources or simply resources for short.

What is the study of how society manages its scarce resources?

Economics

Is the study of how society manages its scarce resources?

Economics

Economics is about the production of goods and services which requires the allocation of what?

Resources

What is the study of the allocation of resources?

ECONOMICS is the study of the allocation of SCARCE resources.

The use and distribution of scarce resources for production of goods and services?

Economics

What does the study of economics focus on?

what scarce resources are used to produce goods and services.

Why conserving scarce resources affects how quickly they are used up?

they affect it because when you conserve the resources your limiting them then that means their wants are limited (KeshaS)

How does the study of economics depend upon the phenomenon of scarcity?

Economics is the study of how society manages its scarce resources therefore, the study of economics is only important because of the scarcity of resources. Higenyi

Why are we studying scarce or scarce resources in economics?

porque si se te agota un producto no obtendras una ganancia

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