Question

Scarcity is?

A.) goods sent to other countries
B.) The condition in which economic wants for goods and services are greater than the limited resources available to satisfy those wants.
C.) Exchange of goods and services

Answer 1

The correct answer should be B

Hope this helps you

~ Jordan ~

Answer 2

B.) The condition in which economic wants for goods and services are greater than the limited resources available to satisfy those wants.

Basically scarcity is when there is not enough supply of a good that people want of need. For example, during a famine food is a scarcity. The adjective form of scarcity is scarce ie. During a famine food is scarce.