Question

What is the fundamental problem producers and consumers face? services scarcity resources inadequacy

Answer 1

The fundamental problem producer and consumer face is scarcity.

• With the increasing population, the economic resources are always scarce or insufficient.
• It is the nature of humans to want more and more, but the supply is limited.
• Scarcity is the major problem affecting the economy of many countries.
• The producers cannot make enough goods due to limited resources.

Answer 2

Answer:

scarcity

Explanation:

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