Ask Question
15 November, 08:21

Which of the following illustrates scarcity

I got new pair of running shoes.

Angie loves riding her bike.

Ben will travel to new york city for spring break.

Susa wants to buy an iPhone 7 that costs over $700, but has only $200 to spend.

+2
Answers (2)
  1. 15 November, 08:32
    0
    Susa wants to buy an iPhone 7 that costs over $700, but has only $200 to spend.

    remember scarcity means short on supply. In this case she is short on money.
  2. 15 November, 10:31
    0
    Susa wants to buy an iPhone 7 that costs over $700 but has only $200 to spend. This explains that Susa doesn't have the sufficient resources (in this case money) to fulfill her wants (to buy the phone). She is short of $500 to purchase the phone.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following illustrates scarcity I got new pair of running shoes. Angie loves riding her bike. Ben will travel to new york city ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers