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The problem of resources being limited, but wants being unlimited is the economic concept of ________. economy of scale supply opportunity cost scarcity

The problem of resources being limited, but wants being unlimited is the economic concept of ________. economy of scale supply opportunity cost scarcity
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The problem of resources being limited, but wants being unlimited is the economic concept of ________. economy of scale supply opportunity cost scarcity

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User Giorgionocera
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4 votes

Answer:

Scarce

Step-by-step explanation:

answered
User Newse
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scarcity


Scarcity is the concept that resources are only available in limited supply, whereas society's demand for those resources is essentially unlimited.
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User Krotton
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