Problemas
The basic problem of economics is __ we just don't have the resources to take care of ALL of our wants/needs? purchasing power diminishing marginal utility opportunity cost scarcity
Roztwór
Ariana
maestro · Tutor durante 5 años
4.3
(293 Votos)
Respuesta
D
Explicación
## Step 1The basic problem of economics is the concept of scarcity. This concept is fundamental to the study of economics and is the reason why economics is often referred to as the science of scarcity.## Step 2Scarcity refers to the basic economic problem that arises because people have unlimited wants but resources are limited. This means that there are not enough resources to fulfill all the wants and needs of individuals.## Step 3Because of scarcity, choices must be made by consumers, businesses, and governments. This is because they have to decide what to produce, how to produce it, and for whom to produce it.## Step 4The other options provided, such as purchasing power, diminishing marginal utility, and opportunity cost, are all concepts related to economics. However, they are not the basic problem of economics.