Question

The problems
of economie
orise
duse to
scarcity of
s​

Answer 1

Answer:

Scarcity, or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants. Therefore, we have to choose. ... Economics is the study of production, distribution, and consumption of goods and services.

Answer 2

Answer:

Explanation:

Scarcity, or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants. Therefore, we have to choose. ... Economics is the study of production, distribution, and consumption of goods and services.