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Rom4ik [11]
3 years ago
13

All goods and services are scarce because

Business
2 answers:
zhenek [66]3 years ago
8 0

Goods and services are scare because the resources required to produce these goods and services are limited in supply and that is why we can't fulfill all the wants of the people, which results in Scarcity to arise. In economics the basic economic problem arises because resources are limited and wants are unlimited and therefore everyone cannot have what they need and that is why we have a connection with opportunity cost. We need to sacrifice or forego the items we can't have and therefore with the economic problem of scarcity, opportunity cost arises. If we can satisfy everyone's wants, then there is no question about having scarce resources.

tino4ka555 [31]3 years ago
3 0
All goods and services are scarce because resources are limited. People needs to balance everything. They should weigh needs and wants.
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Answer:

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Explanation:

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Explanation:

In order to effectively tackle this problem, Blue Dragon Inc. should vary its management processes and practices to account for these differences. By varying these processes and practices they are applying the best of both cultures into their company, thus allowing the companies in each country to better understand how the other one functions. This will drastically increase communication and cooperation between these two international company's.

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4 years ago
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Answer:

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Explanation:

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8 0
4 years ago
A downfall of the infant-industry argument is that
denis23 [38]
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4 years ago
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7 0
3 years ago
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