Explain the three criteria that make a resource scarce

Answers

Answer 1
Answer:

Shortage is the fundamental economic problem of having virtually infinite human desires in a world of limited resources. He postulates that society has insufficient means of production and resources to meet the desires and needs of all human beings. One misconception about scarcity is that an item has to be important to be considered scarce. However, this is not true, since for something to be scarce it must be difficult to obtain, to produce, or both. In short, the cost of producing a good determines whether it is scarce or not. For example, although the air we breathe is more important than diamonds, it is cheaper to obtain precisely because it is abundant and has zero production cost. Diamonds, on the other hand, have a very high cost of production; they need to be found and stoned, and both processes cost dearly. In addition, the Scarcity Act implies that not all of society's goals and needs can be met at the same time; choices and decisions are necessary for one good to the detriment of others.

The resource must be finite to be scarce. The resource must be hard to obtain. Society must lack the capability of producing the resource for all the population. So, for a product to be scarce is has to be finite, costly to obtain or produce and there must be an interest in consuming those products.

Answer 2
Answer: Producers, Consumers, and Money If producers can not make items and consumers can not buy gems both without having money then items become scarce.

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Which of the following is NOT an OM​ strategy/issue during the growth stage of the product life​ cycle? A. reduce capacity
B. forecasting critical
C. enhance distribution
D. shift towards product focus

Answers

Answer: (A) Reduce capacity

Explanation:

Reduction of the capacity is not the part of the OM strategy or an issue during the stage of the growth in the production life cycle. The growth stage is the phase of the item life cycle where item deals, incomes and benefits start to develop as the item turns out to be progressively mainstream and acknowledged in the product life cycle.

The first stage of the product life cycle is the introduction stage where the organization tries to aware about all the product and the services. The capacity of during the growth stage continuously increases.

Therefore, Option (A) is correct as it is not included in the OM strategy.

According to Sternberg's triangular theory, a couple that remains in a marriage only for the sake of the children, even though the relationship lacks both intimacy and passion, is an example of __________ love.

Answers

Answer:

A relationship that lacks both intimacy and passion is an example of empty love.

Explanation:

Sternberg's triangular theory of love explains that there are three components to love - like three vertices in a triangle. Those components are commitment, passion, and intimacy. Different types of love are formed depending on the components that can be observed in the relationship.

Empty love has only one of the three components: commitment. There is no passion or intimacy. It is often the result of another type of love that has deteriorated. It is commonly found in a relationship in which the couple remains together out of obligation - for instance, because they have children.

Final answer:

The type of love exemplified by a couple that stays in a marriage for the sake of the children, according to Sternberg's Triangular Theory, is Commitment.

Explanation:

Based on Sternberg's Triangular Theory of love, a couple that stays together solely for the benefits of their children, despite lacking intimacy and passion, is demonstrating an example of Commitment love.

This theory identifies three components of love: Intimacy, Passion, and Commitment. When a relationship only contains Commitment, devoid of Intimacy or Passion, it is referred to as Empty Love. However, in this context, Commitment is the force that holds the couple together for the sake of the children.

Learn more about Sternberg's Triangular Theory here:

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The power to charter national banks is an example of which type of power?

Answers

Answer: Implied

Explanation: Implied power is the power to charter national banks. An implied power is a power that is not stated but known. It is implied that Congress is able to charter national banks though not formally written down.

Which of the following is not an example of a physical property? a. freezing point
c. reactivity
b. boiling point
d. density

Answers

C. Reactivity is not an example of a physical property.

According to this graphic, what was the role of midwestern cities in the meatpacking industry?

Answers

Assuming that this is referring to the same graphic that was posted before with this question, the correct response would be that these cities facilitated the transport of many meat products from the west to the east, through refrigerated rail cars. 

Answer:

C.) They processed meat to be sold in eastern cities.

Explanation:

Social issues were a subject of novelists in the late nineteenth century. true or false?

Answers

The correct answer for the question that is being presented above is this one: "TRUE." Social issues were a subject of novelists in the late nineteenth century. This idea that is presented is True. Nineteenth century is the era where idea rose up and social issues were of concern.