Economy, asked by lmoksh31, 2 months ago

why there is a question of scarcity and selection everytime​

Answers

Answered by Anonymous
5

Answer:

Resources are scarce because we live in a world in which humans' wants are infinite but the land, labor, and capital required to satisfy those wants are limited. This conflict between society's unlimited wants and our limited resources means choices must be made when deciding how to allocate scarce resources

Answered by himanshusingh2419
19

Answer:

Resources are scarce because we live in a world in which humans' wants are infinite but the land, labor, and capital required to satisfy those wants are limited. This conflict between society's unlimited wants and our limited resources means choices must be made when deciding how to allocate scarce resources

Explanation:

hope its help you and please thanks to my answer please

Similar questions