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.
resources
The efficient use of scarce productive resources.
resources are scarce,.the concepts of scarcity arises from the scarce resources or simply resources for short.
Economics
ECONOMICS is the study of the allocation of SCARCE resources.
resources
The efficient use of scarce productive resources.
resources are scarce,.the concepts of scarcity arises from the scarce resources or simply resources for short.
Economics
Economics
ECONOMICS is the study of the allocation of SCARCE resources.
Resources
Economics
they affect it because when you conserve the resources your limiting them then that means their wants are limited (KeshaS)
what scarce resources are used to produce goods and services.
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
allocating scarce productive resources to satisfy wants.