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Why do all societies face the problem of scarcity?

All resources are scarce.


What is the central economic problem that all societies have to face using the concept of opportunity cost?

What is the central economic problem


In running their city official of the roman government faced problem faced problems with all of the following except?

a storage of workers


What were some difficulties the Irish faced when arriving in America?

The biggest problem was probably all the Americans


What is the main pressure problem faced by the team in meeting the project deadline?

The main pressure problem faced by the team in meeting the project deadline is the tight timeline and the need to complete all tasks efficiently and on time.


What is scarcity in an economic sense?

scarcity is the problem in all societies. Scarcity is limited resources to satisfy human wants.


What is the main issue or challenge faced in the boat problem?

The main issue or challenge faced in the boat problem is determining how to transport all the items across the river without leaving any incompatible combinations of items together.


Is scarcity an economic problem with which all societies are faced?

Scarcity IS the central problem of all economic activities and problems. Scarcity places a price to its consumption which in turn creates appropriate level of demand and supply. The factors of production (Land/Labor/Capital) is also limited (scarce) therefore needs to be allocated efficiently in order to create prosperity amongst all men.


What is the problem with using up all the non-renewable resources?

Once non-renewable resources are used up they will not be replaced, and another resource will need to be found to do what that resource was doing.


Human resource challenges faced by samsung?

They may have trouble keeping employees. There might also be issues with customer satisfaction or with all new phone regulations coming out.


What is the basic economic problem facing all societys?

the basic economic problem facing all societies is CHOICE.as we do not have enough resources to satisfy human wants, we find it difficult to choose between two or more choices which leads to opportunity cost.


Why is energy a natural resource that creates problems?

it is a problem because we all need it. some of us places don't have this resource and it is difficult to find so it causes a conflict. the conflict is a fight that can be solved ex. war.