A basic concept in economics is that all resources are
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A basic concept in economics is that all resources are?
scarce.allocated.valuable.renewable.
Answered by wiki @
Answer:
A basic concept in economics is that all resources are scarce (Option A)
Explanation:
Conventional economics scientists have a view that humans and society always have a desire to meet the needs, both those needs in the form of goods (services) and services (services). In order to meet these needs, a problem will emerge which will then be considered as the most fundamental problem, namely the limited means of meeting human needs provided by nature (Triono, 2014: 163).
Thus, the fundamental problem in the discussion of the discipline of economics is scarcity. In other words, if there is no scarcity, in the sense that all goods are as abundant as air, then economics will disappear as a point of thought of economists.
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Keywords
- Basic Concept
- Scarce
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