Question

Why are individuals, companies, and governments required to constantly make choices about how to best utilize resources?

They all have more needs than wants.


They all have more wants than needs.


There is always a scarcity of resources.


There is always a shortage of resources.

Answer 1

There is always a scarcity of resources. gradpoint

Step-by-step explanation:

Answer 2

The correct answer is "There is always a scarcity of resources".

Step-by-step explanation:

Individuals, companies and governments have to do a proper management of the resources constantly because there is always a scarcity of resources. For instance, some countries are rich in carbon resources such as petroleum but they lack agricultural goods, the government of these countries must look to make agreements with other countries that are rich in agricultural goods to make sure to provide for their people.