In a world characterized by scarcity, the most reliant mechanism for allocating goods, services, and resources between competing uses is the

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24-01-2022
Business

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In a world characterized by scarcity, the most reliant mechanism for allocating goods, services, and resources between competing uses is the

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ayfat23 ayfat23 · Answer 1 · 2022-01-28T10:45:51+01:00

It should be noted that In a world characterized by scarcity, the most reliant mechanism for allocating goods, services, and resources between competing uses is reliance.

What is Scarcity?

Scarcity can be regarded as a key concepts of economics, which is used to express when demand for a good or service is more compare to available goods.

Therefore, the most reliant mechanism for allocating goods, services, and resources between competing uses is reliance.

Learn more about Scarcity at;

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