The condition of scarcity exists because

a. there aren't enough resources to produce everyone's wants.

b. the resources we need are in other parts of the world.

c. resources are too expensive.

d. the government manages resources and doesn't provide for everyone's wants.

Question

Azul Powers

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2 August, 01:15

The condition of scarcity exists because

a. there aren't enough resources to produce everyone's wants.

b. the resources we need are in other parts of the world.

c. resources are too expensive.

d. the government manages resources and doesn't provide for everyone's wants.

+3

Answers (1)

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Bernard Dyer · Answer 1

Answer: A

Explanation:

Process of elimination. The government does not manage everyone's resources because there is no world government (D). All resources are not expensive (C). & there are plenty of resources to use in the environments where we live (B). Additionally, A is the exact definition of Scarcity anyway.

The condition of scarcity exists becausea. there aren't enough resources to produce everyone's wants.b. the resources we need are in other parts of the world.c. resources are too expensive.d. the government manages resources and doesn't provide for everyone's wants.

The condition of scarcity exists because

a. there aren't enough resources to produce everyone's wants.

b. the resources we need are in other parts of the world.

c. resources are too expensive.

d. the government manages resources and doesn't provide for everyone's wants.