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galben [10]
3 years ago
6

Which situation are economists describing when they use the term scarcity?

Social Studies
1 answer:
patriot [66]3 years ago
5 0
The answer could be either A. or C. I'm leaning more into C. because scarcity means having short supply of something, and having not enough resources doesn't satisfy all of ones needs. 

Hope this helps! 
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A population is the entire set of people in a group, whether that group is a country or a collection of people who share a certain trait. A population is the group of people from which a statistical sample is taken in statistics. Therefore, a population is any collection of people who have something in common. A statistically significant portion of a population, rather than the full population, may also be referred to as a sample. For this reason, the standard deviation, or standard error, of a statistical study of a sample from the full population must be disclosed. Only a population wide analysis would have zero standard deviation.

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7 0
2 years ago
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