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what is the basic problem that all economies must deal with? a how to s…

Question

what is the basic problem that all economies must deal with? a how to satisfy limited wants with limited resources b how to satisfy limited wants with unlimited resources c how to satisfy unlimited wants with limited resources d how to satisfy unlimited wants with unlimited resources

Explanation:

Brief Explanations

In economics, human wants are considered unlimited while resources are scarce (limited). The fundamental economic problem is about allocating these limited resources to satisfy unlimited wants.

Answer:

C. how to satisfy unlimited wants with limited resources