Discussion Post: Scarcity Problems
Watch this short YouTube video "Scarcity: The Basic Economic Problem" to help you think about this week's discussion:
Start your discussion by responding to these questions:
a) Introduce yourself to your professor and peers. Tell your classmates about the career you are in or for which you're preparing.(Jame Samuels 28 from new york enrolled in my bachelor's degree.)
b) Describe a scarcity problem involving natural resources, time, or employees. What was scarce? Why was it scarce? Remember, it probably involved a tradeoff.
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.