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