53.2k views
25 votes
Classify the resources as scarce or plentiful

User Alol
by
7.9k points

1 Answer

2 votes

Answer:

Relative scarcity means scarcity can be different depending upon the circumstances involved. If a particular resource is plentiful—meaning there is more than enough supply for the demand—in one area, it can still be scarce in another area where the resource is limited, desirable, and/or has more than one use.

User Myrtho
by
8.7k points

Related questions

asked Nov 17, 2018 12.3k views
Thomas Darvik asked Nov 17, 2018
by Thomas Darvik
7.9k points
2 answers
0 votes
12.3k views
2 answers
0 votes
137k views