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Having to meet unlimited wants and needs with limited resources is called __________. A. cost B. scarcity C. a shortage D. an opportunity cost

Having to meet unlimited wants and needs with limited resources is called __________. A. cost B. scarcity C. a shortage D. an opportunity cost
asked 152k views
4 votes
Having to meet unlimited wants and needs with limited resources is called __________.

A.
cost
B.
scarcity
C.
a shortage
D.
an opportunity cost

asked
User Kos
by
7.2k points

2 Answers

2 votes
Basic economic problem. (also called scarcity) The conflict between unlimited wants and limited resources. Scarcity. Limited quantities of resources to meet unlimited wants. Goods and Services.

So B. Scarcity~!
answered
User Xelom
by
9.1k points
3 votes

Answer:

Do the answer For what I know it B

answered
User Qingkejin
by
7.8k points
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