a. a lack of orange juice because the truck drivers who transport are on strike. Scarcity' is the limited availability of a commodity, which may be in demand in the market or by the commons. Free enterprise. After reading this article you will learn about: 1. Primal outputs The lack of opportunity represents a scarcity. grapefruit juice because very few people want to buy it. The Problem of Choice. It does not mean shortage of resources. Because resource scarcity, as an area of study, has found a home in many academic disciplines, resource scarcity, as a phenomenon, has taken many forms [5]. Scarcity plays a key role in economic theory, and it's essential for a "proper definition of economics itself." Scarcity is when the means to fulfill ends are limited and costly. Which word is most likely a synonym for scarcity? A. orange juice because the trucks carrying it are on strike B. enough workers to finish two jobs because there's a limited supply of workers C. enough workers to work at night because the pay is too low D. grapefruit juice because very … C. Enough workers to work at night because the pay is too low. The Problem of Scarcity: We live in a world of scarcity. The opposite of scarcity is abundance. A. Orange juice because the trucks carrying it on strike. c.a lack in the number of employees willing to work at night because the pay is too low. enough workers to work at night because the pay is too low. In this article we will discuss about Scarcity and Choice as Economic Problems. The lack of which of the following represents a scarcity? Scarcity is defined as the declining amount of desirable number. Get an answer to your question “The lack of which of the following represents scarcity? b. a limited quantity of atari video game systems because their productions has been discontinued. Enough workers to finish two jobs because there's a limited supply of workers. People want and need variety of goods and services. Which of the following represents capital needed to start such a business? Scarcity also includes an individual's lack of resources to buy commodities. answer choices . The Problem of Scarcity 2. (1 Point) orange juice because the truckers carrying it are on strike. Communist. answer choices . Which of the following economic systems in characterized by a lack of competition? Answer Save. The lack of which of the following represents scarcity? Dressmakers. Capitalism. Single choice. ...” in … Binding constraints. But it means that the opportunity cost is increasing if one product more will be produced. This applies equally to the poor and the rich people. ...” in Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.“The lack of which of the following represents scarcity? 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