Question

You are a producer who is hoping to create a specific good. Based on what you have learned about resources and scarcity, what factors do you need to consider when producing this good?

Answer 1

You need to consider the costs of obtaining the goods and it's effect on the environment and locals.<span />

Answer 2

Resources are things people use to make goods and services. By how they is renewable or nonrenewable resources. The United States has been moving from nonrenewable to renewable. The concept of Scarcity with the unlimited wants and limited resources.