In economics, which term describes a situation in which there are limited resources and unlimited needs and wants? a. Calculation b. Intervention c. Scarcity d. Greed

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Caverac · Answer 1 · 2016-08-18T01:56:32+0000

In economics, the term that describes a situation in which there are limited resources and unlimited needs and wants is "scarcity" which is the basis of economics.

In economics, which term describes a situation in which there are limited resources and unlimited needs and wants? a. Calculation b. Intervention c. Scarcity d. Greed

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