Because of scarcity,the efficient use of resources is:
A)an important economic goal in all economies
B)an important economic goal only in command economies
C)an important economic goal only in market economies
D)not an important economic goal
E)an important economic goal only in traditional economies

Question

Quizplus · Accepted Answer

Scarcity is a fundamental economic problem that all economies face, regardless of their type. Due to limited resources and unlimited wants and needs, the efficient use of resources becomes an important economic goal in order to produce goods and services that satisfy human wants and needs as much as possible.

Because of Scarcity,the Efficient Use of Resources Is