sknjgwjnwkjrv
Answered

Get the answers you need at Westonci.ca, where our expert community is dedicated to providing you with accurate information. Explore thousands of questions and answers from a knowledgeable community of experts ready to help you find solutions. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Edg- Resources and scarcity

How does scarcity affect the value of resources?

Sagot :

samagu9488

Answer:

he demand for a good or service is greater than the availability of the good or service.

Explanation:

It means that the demand for a good or service is greater than the availability of the good or service. Therefore, scarcity can limit the choices available to the consumers who ultimately make up the economy. Scarcity is important for understanding how goods and services are valued.

Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.