economics is the study of how people allocate their resources in an attempt to satisfy their wants. as such…

economics is the study of how people allocate their resources in an attempt to satisfy their wants. as such, economics is the study of how people make choices. a. limited; unlimited b. unlimited; unlimited c. unlimited; limited d. limited; limited

economics is the study of how people allocate their resources in an attempt to satisfy their wants. as such, economics is the study of how people make choices. a. limited; unlimited b. unlimited; unlimited c. unlimited; limited d. limited; limited

Answer

Brief Explanations:

Economics deals with the allocation of resources. Resources are scarce (limited), while human wants are infinite (unlimited).

Answer:

A. limited; unlimited