janayaholmes3 janayaholmes3
  • 09-09-2020
  • History
contestada

The economic concept of scarcity refers to the idea that:

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Groundhog5000
Groundhog5000 Groundhog5000
  • 09-09-2020

Answer:

Supply and demand control the marketplace

Explanation:

Resources are finite, that scarcity determines the value of said resources.

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alexburkes60
alexburkes60 alexburkes60
  • 18-09-2020

Answer: People have limited resources to fulfill their unlimited wants

Explanation: We have too little of resources to fulfill our unlimited/limitless wants

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