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In economics, scarcity means that (Points : 1) there are not sufficient resources to produce everything that people want. poverty will always exist. a country can never feed all of its citizens. the price of a good may increase more rapidly than the general price level. there is not enough of a particular good for people to buy all they want at the prevailing price.
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Asked 3/17/2014 1:56:03 PM
Updated 5/14/2014 2:07:00 PM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [5/14/2014 2:07:00 PM]
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User: In economics, scarcity means that (Points : 1) there are not sufficient resources to produce everything that people want. poverty will always exist. a country can never feed all of its citizens. the price of a good may increase more rapidly than the general price level. there is not enough of a particular good for people to buy all they want at the prevailing price.

Weegy: In economics, scarcity means that there are not sufficient resources to produce everything that people want.
Expert answered|MrG|Points 6469|

User: When price changes, one should expect a change in (Points : 1) supply. demand. the weather. technology and income. quantity supplied.

Question
Asked 3/17/2014 1:56:03 PM
Updated 5/14/2014 2:07:00 PM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [5/14/2014 2:07:00 PM]
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When price changes, one should expect a change in: quantity supplied.
Added 5/14/2014 3:23:14 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [5/14/2014 5:58:32 AM]
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