Question

. In every economic system, scarcity imposes.
limitations on
a) Households, business firms, government, and
the nation as a whole
b) touseholds and business firms, but not the one recents
c) Households and goverments, but not business time
1) business firms, governments, and the nation as
a whole
.​

Answer 1

Answer:

option (a) House holds eyc etc

Explanation:

option a is crct

Answer 2

Answer:

Scarcity is imposed on households, government and nation as a whole.

Explanation:

Scarcity is a situation where the resources are limited in number. In such a situation demand exceeds the supply of goods or services.

This situation in turn affects all the dimensions i.e. households, business firms and government as well.