Question

In college you could barely afford to dine in restaurants. Now you earn $80,000 a year and dine out at least three times per week. We can safely conclude that you consider restaurant meals to be a(n)

Answer 1

Explanation:

The problem of scarce resources

is that there are not enough resources to satisfy people's unlimited wants

In economics, capital is defined as

human creations used in the production process

The respective payments for the resources of natural resources, labor, capital, and entrepreneurial ability are

rent, wages, interest, and profit