Have an account?
Which of the following is NOT a scarce resource?
True of False: Scarcity refers to a situation where a resource is unlimited and the want / need for that resource is limited
Which of the following need to be true for SCARCITY to exist?
wants / need that exceed what is available
Finish the sentence: Economics is the study of...
Maria has one day off of work. She needs to visit the doctor, buy groceries, call her grandma, and clean her room. What resource is scarce in this situation?