Question

is there any relationship bween scacity of resouces and the basic economic problem​

Answer 1

Answer:

Scarcity refers to the basic economic problem, the gap between limited – that is,scarce – resources and theoretically limitless wants. This situation requires people to make decisions about how toallocate resources efficiently, in order tosatisfy basic needs and as many additional wants as possible.

Answer 2

$\mathcal\purple{ANSWER}$

Scarcity refers to the basic economic problem, the gap between limited – that is, scarce – resources and theoretically limitless wants. This situation requires people to make decisions about how to allocate resources efficiently, in order to satisfy basic needs and as many additional wants as possible.