Question

which of the following best illustrates the importance of addressing the three questions of economics?
peoples desires and needs are always changing.
businesses need to use limited resources wisely.
traditional methods of production are outdated.
businesses need to limit production.

Explanation:

The three questions of economics deal with what to produce, how to produce, and for whom to produce. Businesses using limited resources wisely addresses the core economic problem of resource - allocation, which is central to these three questions. Changing desires and needs are a factor but not the best illustration. Outdated production methods and limiting production are not as fundamental as resource - wise usage in relation to the three questions.

Answer:

Businesses need to use limited resources wisely.