Economics deals primarily with the problems created by:
A) the balancing of direct and opportunity costs.
B) the free market system of individual initiative.
C) the law of diminishing returns.
D) limited productive resources.

Question

Quizplus · Accepted Answer

Economics primarily addresses the issue of scarcity, which arises because resources are limited while human wants are unlimited. This necessitates the allocation of limited productive resources to meet various needs and desires.

Economics Deals Primarily with the Problems Created By