Question

scarcity of resources exists:
a). micro as well as macro level. b). at the macro level.​

Answer 1

Answer:

a). Scarcity of resources exist at both the macro and micro levels due to never ending human wants. In the situation of scarcity of resources, at macro level, the economy is able to maximize the welfare along with the rapid pace of economic growth.

b). Scarcity of resources exist at both the macro and micro levels due to never ending human wants. In the situation of scarcity of resources, at macro level, the economy is able to maximize the welfare along with the rapid pace of economic growth.

Answer 2

hope it gelps you dear xd