History High School

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A shoe company made a special edition basketball sneaker in a limited quantity. The sneaker sold out quickly and is
currently unavailable. Which economic concept does this scenario demonstrate?
O opportunity cost
O scarcity
nonrenewable resources
O specialization

Answers

Answer 1
The correct answer is B. Scarcity

Related Questions

what is the triceratops animal kingdom

Answers

Answer: One of the rides located in Dinoland USA is TriceraTop Spin which lets up to four guests ride in triceratops vehicles that rise and tilt as they spin around a giant top. Be amazed as cartoon comets fly past you while dinosaurs pop up as you spin around.

Explanation: hope it help

Was foreign policy after World War II focused more on collaboration or competition between the world's superpowers?

After the Second World War, only the U.S. and the Soviet Union were considered superpowers. How did their philosophies differ? Did they work together or did they work against one another?

Answers

Answer:

I HOPE THIS IS CORRECT

Explanation:

In the years after World War II, the United States was guided generally by containment — the policy of keeping communism from spreading beyond the countries already under its influence. The policy applied to a world divided by the Cold War, a struggle between the United States and the Soviet Union.

Zwhat type of economic system of government in eastern Europe lead to the employer use of resources

Answers

Answer:

free market economy

Explanation:

A free market economy is defined as the economic system which is based on the demand and supply having less control of the government or no control of the government at all.

A free market economy helps to contribute to the economic growth as well as transparency in the system. It is also leads to competitive markets that ensures the best product or the service to be available to the consumers and use the resources properly by the employers.

Thus Europe is based on free market economy system that leads the employers to use of the resources.

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