--%>

When is Scarcity a problem become

Scarcity is a problem for: (w) poor countries merely. (x) individuals only when they are poor. (y) capitalists, but not socialists. (z) all people and countries, rich and poor alike.

Can someone explain/help me with best solution about problem of Economic Scarcity...

   Related Questions in Public Economics

  • Q : Critical features of Technological

    New services and goods, new forms and types of equipment, and new knowledge regarding how to combine resources productively are all critical features of: (1) entrepreneurial profits. (2) winning the global war against scarcity. (3) net investment with

  • Q : Uses of a theory in economic analysis

    To be helpful in economic analysis, a theory should produce: (w) Realistic assumptions. (x) A consensus in between scientists. (y) Results which is not possible to disprove. (z) Predictions supported through real world data.

    Q : Least stable probability of market

    Market prices are probable to be the least stable where: (1) production technology is dormant for lengthy periods. (2) number of consumption substitutes is large. (3) variables finding demand and supply change often. (4) demand and supply curves both

  • Q : Using knowledge for applying energy to

    I want a good answer on the topic of Economic problems. Please give me your suggestion that using knowledge for applying energy to create materials more valuable is termed as: (i) Economic profit, (ii) Innovation, (iii) Servicing, (iv) production and&

  • Q : Concept of income more to the poor than

    The concept about, on average, further income implies more to the poor than to the rich conforms most to the teachings or philosophy of: (1) Thorstein Veblen. (2) Friedrich Nietzsche. (3) Gautama Buddha. (4) Jeremy Bentham. (5) Nostradamus. (6) Adam S

  • Q : Validation of a new theory in

    A new theory evolves within common sense only after this is determined: (1) Helpful through extensive testing. (2) Within conformity along with Newtonian mechanics and Occam's razor. (3) To contain relatively only some exceptions. (4) Acceptable through the Institute

  • Q : Existence problem regarding each and

    Can anybody suggest me the proper explanation for existence problem regarding every society. Every society should answer questions regarding “How?, for Whom? and What?” due to the exist

  • Q : Economics as a region of study

    Economics like a region of study largely focuses upon: (1) class, power and status relationships. (2) Government policies to cure poverty. (3) Scarcity and decision making. (4) Accounting and financial relationships. (5) profit-maximizing business strategies.

  • Q : Household consumer in a circular flow

    Can someone help me in finding out the right answer from the given options. In a simple circular flow model, economists classify the people who finally experience joy or suffer pain, consume goods, own resources, and who accept the burdens of inflatio

  • Q : Primarily dealing of positive economic

    Please help me to solve the problem of Positive Economics which is specified above. Positive economic statements deal primarily along with: (w) the way things should be. (x) Technically testable ec