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why does scarcity exist? * voluntary trade has benefits for both partie…

Question

why does scarcity exist? *
voluntary trade has benefits for both parties.
resources are limited, but people’s wants are unlimited.
the factors of production are endless.
people are motivated by incentives.

Explanation:

Brief Explanations

Scarcity exists because resources like land, labor, and capital are limited, while human desires for goods and services are infinite.

Answer:

Resources are limited, but people's wants are unlimited.