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the three questions of economics are based on decisions made by economi…

Question

the three questions of economics are based on decisions made by economies. what statement best describes why economies must make these decisions? economies must make these decisions because resources are limited. economies must make these decisions because resources are unlimited, but production must be limited. economies must make these decisions because consumers cannot make decisions on their own. economies must make these decisions to prevent producers from over - producing.

Explanation:

Brief Explanations

Economics deals with the allocation of scarce resources. Since resources are limited, economies must make decisions on production, distribution, and consumption. This is the fundamental reason for economic decision - making.

Answer:

Economies must make these decisions because resources are limited.