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What is the fundamental problem in a society and the reason we study economics? a) scarcity b) lack of capital 18 c) the factors of production d) labor shortage

What is the fundamental problem in a society and the reason we study economics? a) scarcity b) lack of capital 18 c) the factors of production d) labor shortage
asked 120k views
22 votes
What is the fundamental problem in a society and the reason we study economics?

a) scarcity
b) lack of capital
18
c) the factors of production
d) labor shortage

asked
User Ipavlic
by
8.0k points

2 Answers

10 votes

Answer:

A

Step-by-step explanation:

the fundamental economic problem facing all societies is that of scarcity.

answered
User Justin Summerlin
by
8.5k points
7 votes
The answer is “A” scarcity
answered
User Chamath Jeevan
by
7.1k points
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