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What is scarcity how does it affect the way people make ecomomic choices?

Scarcity is the limited availability of a resource. It affects the way people make economics choices by increasing the price and likely the demand of the resource.


Which of the following changes would most likely increase the rate at which a resource is consumed?

Increasing the frequency of use or access to the resource would most likely increase its rate of consumption.


What is likely to produce habitat destruction resource depletion and stress on environmental support systems?

Rapid human population growth.


Potato crops in Idaho have been damaged by plant disease causing a scarcity of potatoes in the market. What is the most likely effect of the scarcity?

Price increase


What locations most likely experiences physical water scarcity?

tu madre.


Look at the prey's population size at the end of the graph. How will this population size most likely change next?

The prey population size at the end of the graph appears to be decreasing, indicating a likely continued decline in the population size in the near future. This could be due to factors such as predation, resource depletion, or environmental changes impacting the prey species.


What caused the rapid decline in Easter Island population?

The rapid decline in Easter Island population is primarily attributed to a combination of deforestation, environmental degradation, resource depletion, and social unrest leading to scarcity of food and resources. Competition for limited resources among clans likely also contributed to conflicts and violence, further accelerating the population decline.


What would most likely increase in the carrying capacity for humans in a certain region?

better soil for growing


Which word is most likely a synonym for scarcity?

Scarcity is defined as the declining amount of desirable number. Suitable synonyms include dearth, drought, lack, insufficiency, shortage, and undersupply.


Words is most likely a synonym for scarcity?

The word scarcity refers to a severe lack of something that is usually more available. A few good synonyms for scarcity that closely match this definition are "shortage," "paucity," "want," "dearth," "lack," "insufficiency," and "meagerness."


Which economic condition would most likely cause the price of a product to rise?

scarcity


Which object is likely to have the most value based on the concept of scarcity?

flower plant or a basket of oranges