Asked by Prabha Karki on May 01, 2024

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Unlimited wants need not be a problem if

A) resources are also unlimited.
B) resources are flexible in what they can do.
C) resources are basic energy resources like oil.
D) resources are human resources such as skilled labor.
E) resources cannot be captured in a war.

Unlimited Wants

The economic concept that humans have a never-ending series of desires that cannot be fully satisfied.

Resources

The assets, materials, and inputs used by individuals or societies to produce goods and services.

Skilled Labor

Workers who have specialized skills, training, or education that allow them to perform complex job tasks effectively.

  • Grasp the essential idea of scarcity and its significance for resource allocation decisions in an economy.
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ZK
Zybrea KnightMay 07, 2024
Final Answer :
A
Explanation :
Unlimited wants are not an issue if resources are also unlimited, as this would mean there are enough resources to satisfy all wants.