Answer:b. condition in which people's wants outstrip the limited resources available to satisfy those wants
Explanation:
Economist believes that scarcity doesn't exist because people are poor or rich but it because we always want more than what we have as a result the amount of resources available becomes insufficient to fulfill all our desires .
Those who already have more still yearn for something more than what they have , the one who has a million wishes they could have five millions and we keep taking and taking in more and more goods and services .
Those who are poor desire to have more of the goods and services than the little that they possess.
As a result of this action we put more demand on the available resources and they become insufficient to fulfill all our wants.
Answer:
please mark brainliest ! In a free market economy, the law of supply and demand, rather than a central government, regulates production and labor. Companies sell goods and services at the highest price consumers are willing to pay while workers earn the highest wages companies are willing to pay for their services.
Answer: The Dutch first settled along the Hudson River in 1624; two years later they established the colony of New Amsterdam on Manhattan Island. In 1664, the English took control of the area and renamed it New York.
Explanation:
Answer:
The answer is D. make buying goods made in Australia more appealing.
Explanation:
Answer:
B. I just took this test and I got an 100%
Explanation:
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