Many high schools throughout the US have faced a serious shortage of math and science teachers. Many prospective teachers choose to go into business and industry because of higher salaries. In some communities, businesses are “loaning” employees who want to teach part-time to schools to fill the math and science teacher gap. Does this scenario illustrate scarcity? Why or why not?

Respuesta :

No, it does not illustrate scarcity because the need for math and science teachers is not unlimited. Scarcity is the situation that results from unlimited wants and limited resources. This is a temporary shortage of math and science teachers due to higher salaries elsewhere, not scarcity.