What does the concept of scarcity explain? Check all that apply.

1. why a product could lose significant value over time.
2. why people continue to purchase different products.
3. why consumers are willing to pay high prices for items.
4. why decisions must be made on how to use resources
5. why resources can be both renewable and nonrenewable.
6. why a single resource has more value than another resource.

Answers

Answer 1

Answer:

1./3./6. (I recommend you read my explanation)

Explanation:

1. Why a product could lose value over time could lose demand over time relates to supply, demand, and scarcity. Either the supply increases and can fit the demand or there is no demand for it.

3. Why consumers are willing to pay high prices for an item. Someone is only willing to pay a high price for an item if there is little supply and high demand. So for example, is like in a desert with a group of people and bidding over who gets the bottle full of water.

6. Why a single resource has more value than another. Being back to the previous example, in a sandy environment people wouldn't be bidding on who gets the most amount of sand because it's not a scarce resource.

Answer 2

A circumstance in which something is difficult to obtain: a shortage of experienced workers . Hence option 1.3. and 6 are correct .

What is the Scarcity ?

The term "scarcity" in economics "refers to the fundamental truth that there are only finite amounts of both human and nonhuman resources, and that even the best technical knowledge can only be used to produce finite maximum amounts of each economic product."

Supply, demand, and scarcity all play a role in why a commodity may lose value or demand over time. Either there is a need for it or the supply grows to meet the demand.

3. The reasons people are willing to spend a lot of money on a product. Only when there is a low supply and strong demand for a good would someone be willing to pay a high price for it.As an illustration, imagine yourself with a bunch of people in a desert bidding over who gets the water bottle.

6. Arguments in favor of one resource over another. Returning to the earlier illustration, in a sandy environment, people wouldn't compete to obtain the greatest quantity of sand because it is not a limited resource.

Learn more about Scarcity here

https://brainly.com/question/13186252

#SPJ3


Related Questions

The HUAC investigation of Hollywood led to the jailing of a group of writers and directors known as the Hollywood Ten. true or false

Answers

Answer: TRUE!!!

Explanation:

The investigation led to the arrest of the Hollywood Ten. They are Alvah Bessie, Herbert J. Biberman, Lester Cole, Ring Lardner Jr., John Howard Lawson, Samuel Ornitz, Albert Maltz, Adrian Scott, and Edward Dmytryk.

(I hope that this helps!)

What is a characteristic of the great barier reef

Answers

Answer:

The waters are generally crystal-clear, with submarine features clearly visible at depths of 100 feet (30 metres).They: protect coastlines from the damaging effects of wave action and tropical storms. provide habitats and shelter for many marine organisms. are the source of nitrogen and other essential nutrients for marine food chains.

Explanation:

The waters are generally crystal-clear, with submarine features clearly visible at depths of 100 feet (30 metres).They: protect coastlines from the damaging effects of wave action and tropical storms. provide habitats and shelter for many marine organisms. are the source of nitrogen and other essential nutrients for marine food chains.

Explanation:

list the 5 people who you believe were the most important and who made the biggest difference in the way that people looked at the world.

Answers

Answer:

Abraham Lincoln, Donal trump, John f. kennedy, washington, and pochatas

Explanation:

because there amazing people


MOM BAILED OUT
THE RETAILERS!
RECESSION
10 points
In the cartoon, what is the most likely effect of the woman's actions on
the business cycle?*
increased unemployment
increased production
decreased interest rates
decreased inflation

Answers

The correct answer is B) increased production.

In the cartoon, the most likely effect of the woman's actions on the business cycle is increased production.

In the cartoon, we can see that the author depicts the mother opening the door of her apartment and she is holding many shopping bags as she enters the place. His son jumps, screams, and shouts "Mom bailed out the retailers!" On the other side of the room, the father is seated on his chair and suddenly turns his head over the mother's entrance, knowing he will have to pay for everything the mother bought. The father is reading a newspaper whose main title reads "recession."

So increased production is the most likely effect of the woman's actions on the business cycle.

By the 1700s, slavery in the American colonies was concentrated mostly in the New England colonies. concentrated mostly in the middle colonies. concentrated mostly in the southern colonies. evenly distributed throughout all the colonies.

Answers

Answer:

C. concentrated mostly in the southern colonies

1.)C. it was the first public statement

2.)C. southern

3.)B. slave codes eliminated

4.)C. were freed

5.)C. neither group had true equality with whites

6.)D. caused a need for laborers

7.)B. mid 1600s

8.)A. fled to places

9.)B. they could be kidnapped

10.)C. kept enslaved people frightened and powerless  

Explanation:

____ was a religion that originated in India 500 BC. (Buddhism/Confucianism)

Answers

Well, Confucianism originated in China; therefore, the answer would obviously be Buddhism.

Answer:

Buddhism

Explanation:

Confucianism originated in China in roughly 479 BCE. Confucianism was founded by a philosopher named Confucius. Some people believe that Confucianism isn't even a religion, since there aren't any gods. Many people say it is better described as a philosophy.

Therefore, the answer can't be Confucianism, because it isn't a religion and it did not originate in India in 500 BCE.

The answer must be Buddhism. Buddhism is a religion founded by the Buddha: Siddhartha Gautama. It originated in India in about the fifth or sixth century BCE. It has millions of followers around the globe today.

Spanish culture is most evident in the Bolivian countryside, while the Aymara and Quechua cultures are
most evident in the cities.
True or false?​

Answers

Answer:

False

Explanation:

This is because language which is one of the obvious cultural evidence, shows that, Spanish language is the national and official language of Bolivia, and it is spoken in Urban areas, while Aymara and Quechua are spoken in rural areas.

This is reinforced with the statistics showing that, more than 58% of the population speaks Spanish as their mother tongue.

Also, majority of the Bolivians, particularly, those in Urban centers are into Roman Catholicism as religion, a cultural evidence of Spanish influence.

Hence, to conclude that Spanish culture is most evident in the Bolivian countryside, while the Aymara and Quechua cultures are most evident in the cities, is FALSE.

All of the following are characteristics of a dictatorship EXCEPT:

Answers

Answer:

Citizens can replace the leader if he or she does not meet the citizens' needs

Explanation:

This is because in a dictatorship you cannot replace the leader as he/she has total control over everything in the country.

Pls help me. I have 50 minutes to answer this

Answers

Answer:The Europeans brought many diseases with them, which decimated Native American populations. Colonists and Native Americans alike looked to new plants as possible medicinal resources.

Explanation:

Who controlled Spain while the Franks ruled much of Western Europe?

Answers

Answer:Muslims controlled Spain while the Franks ruled much of Western Europe.

Why did the Korean War happen?

Answers

Answer: To continue the spread on communism into the Korean peninsula.

Explanation: However, due to the UN reinforcing the new South Korea from North Korea, are now stuck where they are today at the 38th parallel.

How does ignoring the receiver affect communication

Answers

Answer:

It will make the receiver feel like he is a burden by asking and he's disturbing you and it makes communication lame.

Explanation:

Who gained control of lands east of the Mississippi River as a result of the French and Indian War? the Algonquin people Britain France the Iroquois Confederacy

Answers

The French and Indian Wars of the 1760s resulted in a complete victory for the British, who took possession of the lands west to the Mississippi River, which had formerly been claimed by the French but were largely inhabited by American Indian tribes.

Answer:

Britain

Explanation:

Took test 2021

why did so many immigrants chose canada as their new home? (early canadian history 1800s)

Answers

Answer: In the mid 1800s, there was a lot of slavery in southern United States. Many Black people from United States escaped their masters and headed to Canada. They settled all over the country because they wanted to escape slavery. Moving to Canada was possible because of the Underground Railroad. European immigrants were the best settlers for the challenging Prairies, because of their familiarity with agriculture, rural lifestyles, and harsh climates. Economic and social situations in Europe were increasingly challenging in the mid to late 1800s.

explain specific features of social development.​

Answers

Hey mate!!

Features of social development:Social development is a dynamic and universal process.The pace and limit of the development of society is unpredictable.It brings desired changes for progress and prosperity of the society.It is the outcome of the planned actions and visions.Hope it helps

Good luck on your assignment

Answer:

Explanation:

Socializzazione

le competenze sociali del bambino, fino agli anni ‘60, erano

concepite in chiave di acculturazione o di acquisizione del

controllo degli impulsi o di addestramento al ruolo, secondo

prospettive centrate sui processi di apprendimento o sul ruolo

di modellamento svolto dall’adulto.

Oggi si

parla di

Sviluppo sociale

il neonato, considerato un essere sociale fin da subito,

diventa sempre più consapevole e competente grazie alla

funzione di mediatore o di interlocutore svolta dall’adulto

nell’organizzare competenze e capacità.

Sviluppo delle competenze sociali

Lo sviluppo delle competenze sociali si basa sulla comprensione

che le persone sono dotate di stati interni, emozioni, pensieri,

intenzioni, scopi, che orientano il comportamento e le relazioni

con gli altri e con il sistema di norme e di valori sociali

Comprension degli altrie e di se  

Procede parallelamente socià alit

Scambio tra individualità percepite come separate e distinte

una dall’altra-

how does development occur short answer​

Answers

Explanation:

development occurs when the share of the secondary and territory e chapter is is more than the primary sector development is the basic necessity e of the modern human society is every possible aspects and circumstances.

Answer:when industrial levels increase in a country

according to the rules of economics, all resources are

Answers

Answer:

All resources are in their supply. The wants and needs of people are unlimited and limited

Explanation:

What were the two events that spawned an agricultural revolution in England?​

Answers

There would be new farming and enclosure movement

At the beginning, the international supermarket chain‘s individual store in china has great authority to make major decisions, such as pricing, purchasing. Now the company is planning to establish 4 purchasing centers by which the decision of purchasing will be made and purchasing activities will be taken for the individual store in the relevant regions.


What challenges the company will face when it changes the purchasing mode?

Answers

Answer:

The biggest competitive threat the company will face is the presence of other global large retailers on the territory the supermarket is trying to enter.

Explanation:

Pricing is a major decider on the power of a goods in the economic or market world. This is a big issue when they have been existing  market for similar product, this would make the producer consider the prices already available before launching his own product with it's price out there and it is better advised to place a competitive price for a new product entering the market to be able to compete with market out there already and be easily accessed by customers.

So, the biggest threat the new product would have is the existing price in the market and making his competitive.  

Please Answer, I Need Help! (View Image)

Answers

The answer is 3. the Iranian revolution

Despite promising signs that lack of human activity during times of lockdown had led to flourishing wildlife across the world, loss of income is causing some people to exploit the environment. Evaluate this statement.

Answers

As you already know, the lockdown prevented many people from working, which drastically reduced their income and their purchasing capacity. However, the decrease in income has not diminished people's basic needs such as food, hygiene, housing and security.

In this way, many people have to look for alternative ways to meet these needs and many of these alternative ways have been established through environmental exploration, which depending on the intensity and in the long run can be very damaging to the nature and ecological balance of our country.

plz help, ethics isn't my best subject, what does this mean??????????????
brainliest will be given
(is social studies to do with ethics and this?)
Answer the following:
‘’The only wrong thing to say about racism, is nothing’’ Do you agree?

Answers

Answer:

It means that when you aren't speaking up against racism, when you aren't doing anything that means its wrong

Answer:

No

Explanation:

Saying that there is nothing wrong with racism is pure wrong. It means that you will be agreeing with the fact that discrimination is ok. Racism is a matter that has been spoken about for centuries. But, a very small fraction agree with the fact that it is ok. Thus, from this fact you can see that there is clearly something wrong.

Hope this helps

Uncle Tom's Cabin sold three hundred thousand copies by the end of 1852 and was banned in the South. True False

Answers

It was translated into many languages. It was a best seller in Russia. It was a best seller in England. Plays and performs were made of the book. Hope this helps
Answer is True : Uncle Tom's Cabin sold 300,000 copies in the North alone. The Fugitive Slave Law, passed in 1850, could hardly be enforced by any of Stowe's readers. it was also banned in most southern states

An oligarchy is similar to what other type of government?

unitary
monarchy
autocratic
democracy

Answers

It’s the last one: democracy

Answer:

its not democracy or monarchy i think its unitary

Explanation:

Why were some Georgia colonists unhappy and discontent? Check all that apply.
They wanted to be able to practice slavery
They disagreed with the trustees restrictions
They wanted to be able to own large plots of land
They believed all colonists should be treated equally
They thought alcohol should be banned in the colony
They wanted to have the chance to make more money

Answers

Answer:

They wanted to be able to own large plots of land

Explanation:

This is because when they colonise us, we are going to be under them and when we be under them, they going take control over us and including our land

Answer:

A/B/C/F

Explanation:

I took the test.

musical instrument are being extinct state any four ways for preservation of musical instruments​

Answers

Answer:

The Musical instrument are being extinct state, so some of the ways for  the preservation of musical instruments are as following:

Musical instruments can be conserved by conservator-restorers, who restore or protect historical and current musical instruments from any damage.Corrosion or contact with air should be prevented from brass instruments and keep the instruments in heating, ventilation, and air conditioning (HVAC) systems.Direct light affect the natural color of the instrument, so UV filters are used at home on windows to prevent direct contact of light from instruments. conservator-restorers are required to review preventive measured periodically to ensure well-being of instruments.

Hence, musical instruments can be protected by following above methods of preservation.

What was our first attempt of a central government?

Answers

Answer:

Explanation:

i beieved it is Articles of Confederation

hope it helps

Delilah

magine a time you were in a group with people who were different from you.
1)How did youfeel?
2)What did you do?

Answers

Answer:

1) Felt out of place.

2) Stayed quiet

Explanation:

When someone gets placed in an unfamiliar situation with people they dont usually interact with - everyone has different responding methods based on their personality. I'm more introverted. Hence the above answer.  

How did the US obtain control of the Oregon Territory?

Answers

Answer:

In 1846 the Oregon Treaty was signed between the US and Britain to settle the boundary dispute. The British gained the land north of the 49th parallel, including the Vancouver Island and the United States received the territory south of the parallel.

Explanation:

George Washington was he a president​

Answers

He was the first president of the United States.

Answer:

George Washington was the first president throughout April 30, 1789 – March 4, 1797

Explanation:

Other Questions
Why do you think the judges line of questioning is so easy on Ponyboy? Why is he acquitted?( the outsiders chapter 12) Which represents a quadratic function? f(x) = 8x3 16x2 4x f (x) = three-quarters x 2 + 2x 5 f(x) = StartFraction 4 Over x squared EndFraction minus StartFraction 2 Over x EndFraction + 1 f(x) = 0x2 9x + 7 A short story on becoming small? Suppose you are an analyst in the oil refinery industry and are responsible for estimating the equilibrium price and quantity of home heating oil. To do so, you must consider factors that can affect the supply of and demand for heating oil. Determinants of the demand for heating oil include household income, the price of an oil furnace (a complement to heating oil) and the price of natural gas (a substitute for heating oil). Determinants of the supply of heating oil include the cost of crude oil and the cost of refining crude oil into home heating oil. 1. Suppose that all of the determinants of the supply and demand for heating oil are equal to their initital values. The equilibrium quantity in this market is ___ barrels of heating oil per day, A. 60,000 B. 50,000 C. 70,000 D. 80,000 E. 40,000 2. and the equilibrium price is ____ per barrel. A. $40 B. $70C. $60D. $50 E. $80 Pleeaaase hellllppppp Find the height of this shape, which has a volume of 21/32 cubic feet. Enter answer as a simplified fraction. L=3/4 W= 1/4 How is the product of 4 and 2 shown using integer tiles? 4 positive tiles and 2 positive tiles. 4 negative tiles and 2 negative tiles. 4 sets of 2 positive tiles. 4 sets of 2 negative tiles. Plz i need help Looking at a book to find out if it contains information that you need isSelect oneo a. skimmingO b. close readingC scanning Which statement is true about the right angles ABC and DEF World religions: ShintoMost Shinto rituals are tied to A) worshiping the kami. B) the life-cycle of humans and the seasonal cycles of nature. C) forgiveness of sins. D) preparing for the afterlife. Express the function G in the form fg. (Enter your answers as a comma-separated list. Use non-identity functions for f(x) and g(x).) To move a large crate across a rough floor, you push on it with a force at an angle of 15 degrees below the horizontal. Find the force necessary to start the crate moving, given that the mass of the crate is 32 kg and the coefficient of static friction between the crate and the floor is 0.49. Help with my math plesae 100 POINTS POINT STEALING = REPORT Which of the following is Th e equation of the boundary line shown in the following inequality?a. y = -x + 3/5b. y= -x + 5/3c. y= 3/5x - 1d. y= 5/3x - 1 What is the central idea of the second quatrain of"Sonnet 91"?The speaker thinks that other people's joys areillogicalThe speaker finds joy in many different types ofthings.Different people like different things, but only onething makes the speaker happy.Different types of people can all find enjoyment inthe same thing. "Write an equation that you can use to represent the volume of a square prism. Use b to represent the length and width of the base. Use h to represent the height of the prism. Use espantes if possible. Then explain your answer." Please help I need to turn in this in 10 minutes 1. Why does Paine want his readers to imagine themselves in Boston? Statistics show that about 42% of Americans voted in the previous national election. If three Americans are randomly selected, what is the probability that none of them voted in the last election How do outliers affect data analysis? A.They may significantly affect the mean of the data. B.Not enough information. I would need to know what the data points are. C.They afect the mode of the data. D.They do not, just calculate them with the data the same as all the other data. PLEASE HELPPP!!!!!! If you work in the coal mining industry, in which states would you most likely have to live?