[Answered] The basic problem in economics is A) unlimited needs. B) scarcity. C) demand. D) limited ...

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Author Question: The basic problem in economics is A) unlimited needs. B) scarcity. C) demand. D) limited ... (Read 112 times)

maychende

Hero Member
Posts: 556

on: Jun 29, 2018

The basic problem in economics is

A) unlimited needs.
B) scarcity.
C) demand.
D) limited resources.

Question 2

Which of the following items would be considered scarce?

A) water
B) diamonds
C) potato chips
D) All of the above are scarce.

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Animal_Goddess

Sr. Member
Posts: 339

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

D

maychende

Member
Posts: 556

Reply 2 on: Jun 29, 2018

Thanks for the timely response, appreciate it

dyrone

Member
Posts: 322

Reply 3 on: Yesterday

Excellent

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