The link between the Scarcity and choice is the study of how individuals and society choose to allocate scarce resources.
<h3>What is the Meaning of Scarcity?</h3>
Scarcity refers to the insufficient or the shortage of the resources with the individual or in the particular nation. For Example In any Industry there is the shortage of the skilled workers.
The complete question is attached below.
The link between the Scarcity and the Opportunity Cost is that it has the direct implication on the scarcity. In decision making process, one must has to sacrifice the opportunity cost of that action.
The link between the Scarcity and competition is due to the Lack of resources which forces people to compete for the limited resources that are accessible because there aren't enough to satisfy everyone's wants.
Additionally, people would compete for the rationing tool, such as money, whatever it may be.
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Answer:
C. offer better service for lower costs than do the U.S. legacy carriers.
Explanation:
Globalization is best described as a process of closer integration and exchange between different countries and peoples worldwide, made possible by falling trade and investment barriers, advances in telecommunications, and reductions in transportation costs.
The strategic foundations of the globalization hypothesis are based primarily on cost reduction, which benefits the company in beating the rivals in the global market.
In the given case, Gulf airlines are giving U.S. legacy carriers stiff competition because Gulf carriers offer better service for lower costs than do the U.S. legacy carriers.
If this question has the same choices like the previous ones posted here, then the answer would be letter letter C. <span>The speaker is willing to improve workplace safety.
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Choices to this question are:
a.
The speaker is an environmentalist and wants to preserve resources.
b.
The speaker is concerned that employees will be lazy.
c.
The speaker is willing to improve workplace safety.
d.
The speaker will not allow OSHA or the EPA to inspect their job site.</span>
Answer: the correct answer is all of the above are correct.
