Register
In some areas of the world, some people must walk over a mile to get access to water. This statement best supports which economic concept? shortage allocation scarcity incentive
45.0k views
3 votes
In some areas of the world, some people must walk over a mile to get access to water.

This statement best supports which economic concept?



shortage


allocation


scarcity


incentive

User Sarjit
by
7.6k points

2 Answers

2 votes

The economic concept best illustrated in this example is scarcity.

User Jithinkmatthew
by
8.3k points
3 votes
scarcity
hope it helps
User Heartcroft
by
7.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.2m questions

11.9m answers

Other Questions

What goal of the constitution was also a goal of the Magna Carta?
How did world war 1 affect the racial and ethnic makeup of american cities
What were the positive and negative effects of Egypt being imperialized by Britain.
Why  might  things far away  and  long  ago  be   important   to  us now.
What military strategy defeated Cornwallis at Yorktown?
Link Copied!