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Study on how human deals with his limited resources to satisfy his unlimited wants and needs.
ferns
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.
Economics
It means that there are limited resources to satisfy the unlimited wants of individuals.
Study on how human deals with his limited resources to satisfy his unlimited wants and needs.
ferns
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.
How do you make choices from limited resources?
Economics.
Obviously they can't and don't
Economics
-limited resources to satisfy virtually unlimted wants
It means that there are limited resources to satisfy the unlimited wants of individuals.
There are not enough resources to satisfy people's seemingly unlimited wants.
Economics
Scarcity is a basic economic problem that stems from unlimited wants and limited resources to satisfy the numerous wants.