The fact that wants cannot be fully satisfied with available resources reflects the definition of

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The fact that wants cannot be fully satisfied with available resources reflects the concept of scarcity, where there are limited resources to fulfill unlimited wants and needs. The big tradeoff refers to the trade-off between efficiency and equity, while for whom to produce refers to the allocation of resources among different individuals and groups. The phrase "what tradeoff" is not a commonly used economic term.

The Fact That Wants Cannot Be Fully Satisfied with Available