Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.
Sagot :
Answer:
The fundamental economic problem is the issue of scarcity but unlimited wants.
Explanation:
Scarcity implies there is only a limited quantity of resources, e.g. finite fossil fuels. Because of scarcity, there is a constant opportunity cost – if you use resources to consume one good, you cannot consume another.
We hope our answers were helpful. Return anytime for more information and answers to any other questions you may have. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.
