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cestrela7 [59]
3 years ago
14

Is Air a scarce resource ?

Business
2 answers:
Lostsunrise [7]3 years ago
8 0
The BASIC ECONOMIC PROBLEM arises because resources<span> are </span>scarce<span>, but human wants are unlimited. Any </span>resources<span> that are not </span>scarce<span> are called FREE GOODS. The </span>air<span> that we breathe seems without limit and so is considered to be a free good. However, with increasing pollution in the world, fresh, clean </span>air<span> may be</span>scarce<span>.</span>
Katyanochek1 [597]3 years ago
7 0
No it is not.

To be categorized as 'scarce' a resource must be really hard to get and not all people could get it.

air exist in abundant amount and it's also free. So air definitely not a scarce resources.

hope this helps


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Explanation:

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To solve this, we will use the annual interest formula for simple interest, which is:

A = P(1 + <em>rt</em>)

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<em>I hope this information can help you.</em>

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