Question

Which of the following are required for a resource to be considered scarce?

i. It must be desirable.
ii. It must be plentiful.
iii. It must exist in limited quantities.
A.
i only
B.
ii only
C.
i and ii only
D.
i and iii only

Answer 1

My guess is D.

Answer 2

@paki @fierstar123 @Joel_the_boss @micahm

Answer 3

Scarcity - Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Scarcity
Wikipedia
The price system, or market prices, are one way to allocate scarce resources. ... has to be found and processed, both of which require a great deal of resources.

Answer 4

@micahm I'm still thinking D but i'm not sure.

Answer 5

@OVERCOOL

Answer 6

@Sparklestaraa

Answer 7

@TheSmartOne

Answer 8

All resources are scarce in the sense that they will eventually run out. Even water and air are scarce; water must be clean and drinkable, while air must be breathable.

Answer 9

i think i post the right post if not sorry about that

Answer 10

I know the definition of scarce.

Answer 11

It's ok. I'm just going to go with D.

Answer 12

I'd say go with D.

Answer 13

@DanteFemboy D is correct :D

Answer 14

Thanks~ :D

Answer 15

D is correct iii only :D

Answer 16

sorry i and iiii xD