1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
JulsSmile [24]
2 years ago
8

Scarcity exists when there are resources to meet unlimited needs and wants. Because of , we must make choices about how to use r

esources. All the options for using resources that are not chosen are called .
is the next-best alternative for the use of resources.
Marginal means using one unit of a resource.
History
2 answers:
aleksandrvk [35]2 years ago
6 0

Answer:

Explanation:

Scarcity exists when there are

limited

resources to meet unlimited needs and wants. Because of

scarcity

, we must make choices about how to use resources. All the options for using resources that are not chosen are called

trade-offs

.

Opportunity cost

is the next-best alternative for the use of resources.

Marginal means using one

additional

unit of a resource.

wel2 years ago
5 0

<u>Answer:</u>

<em>Scarcity of resources</em><em> happens when the resources are unable to meet the unlimited demands and needs.</em>

<u>Explanation:</u>

Marginal utilisation of resources it is a method in which resources are utilised such that it doesn't over exploit them. And use them mindfully do to avoid any kind of scarcity in future and optimal usage of resources in the present as well as future.

Alternatively these resources can be utilised by proper allocation of resources such that alternative products can be formed using the same amount of resources.

You might be interested in
How did islam influence the middle east?
Nataly [62]
After the death of the prophet Muhammand, Islamic Culture invaded most of the Middle East and pieces of Spain, which unified their economic culture.
6 0
3 years ago
Read 2 more answers
Place the four forms of government used by Rome during her history in order. 1. first oligarchy 2. second monarchy 3. third repu
GREYUIT [131]
Based on the order of occurrence, the government used by rome during its history is : 

1. Monarchy ( 753 - 509 BC)
2. Republic (509 - 27 BC)
3. Oligarchy (27 BC - 476 AD)
4. Dictatorship

hope this helps
6 0
3 years ago
Read 2 more answers
Help ??
Vilka [71]
I need more information to explain
4 0
3 years ago
Listing the events in the development of the United Nations is an example of which of the following skills?
sergeinik [125]
B. Data analysis
Should be correct
3 0
2 years ago
What is not an architectural feature of Roman construction?
antoniya [11.8K]
C egyptians did it first. <span />
7 0
3 years ago
Other questions:
  • True or False the house agreed to the compromise as soon as the Senate approved it
    15·1 answer
  • Please help 6-15!!!! Please
    6·1 answer
  • The UN international commission of inquiry on Darfur concluded that the government of Sudan did not pursue a policy of genocide
    5·2 answers
  • Why are the Bill of Rights important?
    9·2 answers
  • Why did the roman goverment divide into 3 branches, what was the purpose​
    5·2 answers
  • In August 1945, after Japan refused to surrender, the United States dropped atomic bombs on which two Japanese cities?
    9·2 answers
  • Controlling all aspects of citizens' economic, political, and social lives?
    6·1 answer
  • Which was NOT a right granted to colonial trading companies by their country of origin?
    8·1 answer
  • What do most elections for local state and federal offices have in common
    13·2 answers
  • We should be well informed of the positions available in political parties.<br> True<br> False
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!