Business Studies, asked by lynx7x7, 8 hours ago

resources are limited. human wants are unlimited. explain this​

Answers

Answered by frozen65
4

Answer:

Human wants are constant and infinite, but the resources to satisfy them are finite. The resources cannot exceed the amount of human and natural resources.

Explanation:

In other words, it is a situation of fewer resources in comparison to unlimited human wants. Human wants are unlimited. ... It is impossible to produce goods and services so as to satisfy all wants of people. Thus scarcity explains the relationship between limited resources and unlimited wants and the problem there in.

HOPE THIS HELPS!!

Answered by pandeymanan150
1

Answer:

yes true

Explanation:

the following statement is true because humans wants are unlimited but natural resources are limited

example

humans want more fuel (petrol diesel) for their consumption but it is limited and take a long time passage to renew

hope you will like the answer

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