what is the basic problem that all economies must deal with?\na how to satisfy limited wants with limited…
what is the basic problem that all economies must deal with?\na how to satisfy limited wants with limited resources\nb how to satisfy limited wants with unlimited resources\nc how to satisfy unlimited wants with limited resources\nd how to satisfy unlimited wants with unlimited resources
Answer
Answer:
C. how to satisfy unlimited wants with limited resources
Brief Explanation:
In economics, wants are unlimited while resources are scarce (limited), so the key problem is allocating limited resources to meet unlimited wants.