Question

Which of the following properties of economics results from the fact that

people will always want more no matter how much is produced?
O
A. There is scarcity that cannot be eliminated.
O
B. Supply and demand will eventually be in balance with each other.
O
C. Buying low and selling high is always possible.
O
D. Voluntary exchanges will always lead to a fair price.

Answer 1

Answer: A. There is scarcity that cannot be eliminated.

Step-by-step explanation:

Answer 2

The correct answer is letter A.

Explanation: Scarcity cannot be eliminated because of the human wants that will always outnumber the means that is available.