Scarce Resources

Watch this video for examples of scarcity. We learn how to classify resources in economics and how to confront scarcity when making decisions on consumption and production.


 

Source: Werner Lost, https://youtu.be/VttAbSYYIsw
Creative Commons License This work is licensed under a Creative Commons Attribution 3.0 License.

Last modified: Wednesday, January 24, 2024, 8:17 PM