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

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

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

Answer

Brief Explanations:

The fundamental economic problem is the issue of scarcity, which involves satisfying unlimited wants with limited resources.

Answer:

A. how to satisfy unlimited wants with limited resources