a basic concept in economics is that all resources are\nscarce.\nallocated.\nvaluable.\nrenewable.

a basic concept in economics is that all resources are\nscarce.\nallocated.\nvaluable.\nrenewable.

a basic concept in economics is that all resources are\nscarce.\nallocated.\nvaluable.\nrenewable.

Answer

Answer:

A. scarce.

Brief Explanations:

In economics, scarcity is a fundamental concept. Resources are limited while human wants are unlimited, making resources scarce.