The term by which individuals and businesses choose between the different use of available resources is called <u>allocating </u>and it is due to the concept of <u>scarcity</u>.
<h3>
What is Scarcity?</h3>
According to economics, Scarcity signifies that the demand for a product or service exceeds the supply of that product or service.
It is the underlying truth of existence that there is only a finite number of human and nonhuman resources for each economic product.
Therefore, Individuals and business corporations must choose between several uses for the available resources they have from the idea of <u>allocating </u>resources and due to the concept of <u>scarcity.</u>
<u></u>
Learn more about scarcity here:
brainly.com/question/1088553
<span>This is the idea of the developing world. In many of these countries, there is a low amount of industrial or technological development. These countries have a rather low standard of living and a higher poverty rate when compared to countries that have technological development and progress.</span>
The answer is true.
In business, you have to prioritize what is the most important task to
do for the day as this might affect your business. You have to choose which is the most to the
least important things to do. The most
important things come first especially if it has a big impact on your career.
The System.arraycopy(sourceArray,0,targetArray,0 source Array.length);<span>method copies the sourcearray to the targetarray.</span>