Scarcity in Economics means that resources

  • A Are not enough to share among producers of goods and services
  • B Needed to satisfy human wants are limited
  • C Are never enough to share among consumers of goods and services
  • D Required to meet our essential wants are unlimited
  • E Can be managed if those who use them can behave rationally

The correct answer is B. Needed to satisfy human wants are limited

No explanation given
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