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the state of having a limited number of resources to produce the things…

Question

the state of having a limited number of resources to produce the things that people want and need is called
business
labor
scarcity
economics

Explanation:

Brief Explanations

Scarcity is the economic concept of limited resources relative to unlimited wants. Business refers to commercial activities, labor is a factor of production, and economics is the study of how resources are allocated.

Answer:

C. scarcity