Google finds it difficult to hire enough skilled computer engineers. This statement best represents the economic concept of (a) scarcity of resources. (b) making decision in the margin. (c) individuals respond to incentives. (d) computers are cool. (e) None of the above.

Google finds it difficult to hire enough skilled computer engineers. This statement best represents the economic concept of

(a) scarcity of resources.
(b) making decision in the margin.
(c) individuals respond to incentives.
(d) computers are cool.
(e) None of the above.

 

Answer:

(a) scarcity of resources.

Reason

The supply of computer engineers are low, so there is less supply of resources or skilled labours.

Asked on January 30, 2018 in economics.
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