Resources and Scarcity Answers

Katrina is starting her own business producing all-natural beverages. She must use to create her product.

The water that she is using to create her beverage line is an example of.

The number of employees required to produce her beverage line is an example of .

The rent money she pays for a factory to produce her beverage line is an example of .

helps businesses allocate resources for their best and most productive uses.

The more a resource, the more costly it will be.

A manufacturer that requires scarce and costly resources is likely to charge for its products.