If Samsung finds it difficult to hire enough skilled software engineers to program the popular galaxy cell phone. The economic concept this statement best represent is: Resources are scarce.
Scarcity occur due to unavailability of resources or when their is no resources available.
Based on the given scenario in a situation were a company or an organization find it hard to employee skilled workers just as the case of Samsung company, this implies that there is scarcity or unavailability of skilled workers.
Therefore scarcity of resources is the economic concept that represent the given statement because Samsung finds it difficult to hire enough skilled software engineers to program the popular galaxy cell phone.
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