asked 230k views
1 vote
Select the items below that describe why scarcity exists.

People's wants are unlimited.
Resources are limited.
People try to conserve.

2 Answers

4 votes

The top two answers are correct.

People's wants are unlimited and resources are limited.

answered
User AJ Friend
by
7.2k points
3 votes
Scarcity exist because of the unlimited wants of people. There will be no scarcity of something if there is no demand and wants for that thing.
answered
User Alaor
by
7.9k points

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