Scarcity is a problem faced by:
A) households, but not businesses and governments.
B) households and businesses, but not governments because they can pass laws to get the goods and services they need.
C) households and governments, but not businesses because they are the ones that produce the goods and services that people want.
D) households, businesses and governments.

Question

Quizplus · Accepted Answer

Scarcity is a fundamental economic problem faced by all entities, including households, businesses, and governments, due to limited resources and unlimited wants.

Scarcity Is a Problem Faced By