Question

what is scarcity of resources​

Answer 1

Explanation:

Scarcity refers to the basic economic problem, the gap between limited – that is, scarce – resources and theoretically limitless wants. ... Any resource that has a non-zero cost to consume is scarce to some degree, but what matters in practice is relative scarcity. Scarcity is also referred to as "paucity."

Answer 2

Answer:

scarcity refers to the basic economic problem the gap between limited - that is , scarce - resources and theriotically limitless wants this situation requiers people to make decision about how to allocate resources efficiently in oder to satisfy basic need and many additional wants as possible