Problemas
From the list below.select the resources that are considered scarce (Select all that apply). (1) Sunlight (1) Water Time (1) Money
Roztwór
Gregorio
maestro · Tutor durante 5 años
4.7
(193 Votos)
Respuesta
The scarce resources from the given list are Water and Time.
Explicación
## Step 1In economics, scarcity refers to the basic economic problem of having seemingly unlimited human wants and needs in a world of limited resources. It means that society does not have enough productive resources to fulfill all human wants and needs. ## Step 2Sunlight is not considered a scarce resource because it is abundant and freely available. It is not limited and does not require any cost to obtain.## Step 3Water, while it is a natural resource, is considered scarce in many parts of the world due to its limited availability and the high cost of its purification and distribution.## Step 4Time is considered a scarce resource because it is limited and cannot be replenished. Everyone has the same 24 hours in a day, and once time is spent, it cannot be reclaimed.## Step 5Money is not a scarce resource in the context of economics. It is a medium of exchange and a store of value, but it does not represent a limited resource in the same way that natural resources do.