A situation in which a person has unlimited wants but limited resources to fulfill those wants is called A. socialism B. specialization C. scarcity D. entrepreneurship

Question

asked Apr 23, 2022 50.7k views

2 Answers

Oleg Ananiev · Answer 1 · 2022-04-25T17:43:23+0000

Answer: C. Scarcity

Step-by-step explanation:

When someone wants something but it's not there or they can't fulfill it there it is a scarcity of the resources that are needed. :D

Scarcity: (basically) a lack of resources

Gobliins · Answer 2 · 2022-04-30T06:18:08+0000

Answer:

scarcity

Step-by-step explanation:

trust also Scarcity is the concept that there are unlimited needs and wants and an insufficient amount of resources to fulfill these.