Introduction to Economics 1 Deneme Sınavı Sorusu #1114151

What does scarcity refer to in economics?

The Societies’ inability to produce all the desired goods and services,

Inability to know what to produce,

Inability to create a perfect economic system,

Insu8fficient technology to produce better goods and services,

The situation that the resources are bigger than the needs and desires.

Yanıt Açıklaması:

Our resources are limited relative to our needs, and this is true not only for individuals but also for societies. Scarcity refers to the society’s inability to produce all the goods and services people desire to have because of deficiency of resources.

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SORUNUN CEVABI: A

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