The limits to what an economy can produce result from:
A) scarcity.
B) income.
C) production.
D) costs.

Name: The limits to what an economy can produce result from: A) scarcity. B) income. C) production. D) costs.
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Question

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Scarcity is the fundamental economic problem of having seemingly unlimited human wants in a world of limited resources. It means that there are not enough resources to produce enough to fulfill all human wants and needs, which sets the limits to what an economy can produce.

The Limits to What an Economy Can Produce Result From