Our needs and wants are not limited but our resources are limited.
The solution of unlimited human wants are unlimited resources to satisfy those wants. Unfortunately, resources are limited and they will always be limited in comparison.
ferns
Scarcity exists because we have unlimited wants and only a limited supply of resources to produce goods and services that satisfy our wants
People have unlimited wants and limited resources to fulfill them.
Our needs and wants are not limited but our resources are limited.
The solution of unlimited human wants are unlimited resources to satisfy those wants. Unfortunately, resources are limited and they will always be limited in comparison.
Explain the apparent contradiction between limited resources and unlimited wants.
There must be a dual coincidence of wants.
ferns
By decreasing human wants if human wants get limited people wont have to mine
Scarcity exists because we have unlimited wants and only a limited supply of resources to produce goods and services that satisfy our wants
People have unlimited wants and limited resources to fulfill them.
How do you make choices from limited resources?
Limited resources/Unlimited wants.
Scarcity
Scarcity