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Q: Why is gasoline scarce?
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What are the example of scarce resources?

Example of some scarce resources are Oil, Paper, Gasoline and Land etc.


What are 5 examples of scarce resources?

oil, paper, gasoline, land, and jobs. your welcome!


What things are scarce?

Scarce things can include:wood,water,air,coil,gold,any special jewels,Gasoline,and others things people usually want.


Is resource scare?

Scarce resources are when there isn't an infinite amount of resources (ex: gasoline, trees, & etc).


A scarce commodity used in an economic system?

A scarce commodity used in the context of an economic system is something that there is less of than what is needed. Examples are gasoline during a gas crisis, wheat after a drought, etc.


What was scarce in World War 2?

Lots of things were hard to get or rationed. Meat and sugar, rubber and gasoline, shoes and clothing, steel and copper.


What did horses do in World War 2?

Horses carried supplies , as gasoline became very scarce the were ridden. as food supplies dwindled ,people ate horse meat.


The US government should not regulate the price of gasoline...Why?

The US believes in the free market economy. If gasoline is scarce (the demand exceeds the supply) then the price goes up, and as a result people buy less gasoline, and thus supply and demand come back into balance. If gasoline is abundant (more supply than demand) then the price goes down, and people will buy more of it; once again there is a balance between supply and demand. That's the theory, anyway.


Should the US government regulate the price of gasoline?

The US believes in the free market economy. If gasoline is scarce (the demand exceeds the supply) then the price goes up, and as a result people buy less gasoline, and thus supply and demand come back into balance. If gasoline is abundant (more supply than demand) then the price goes down, and people will buy more of it; once again there is a balance between supply and demand. That's the theory, anyway.


What part of speech is scarce?

Scarce is an adjective.


A sentence with the word scarce?

During the drought, water became scarce in the town, leading to restrictions on usage.


Why all goods and services are scarce?

All resources are scarce.