The phrase that best defines scarcity is "a state in which human wants are greater than the resources available to fill those wants."
Which phrase best defines scarcity?(1 point)Responsesa state in which productive resources are not enough to create a given good or servicea state in which productive resources are not enough to create a given good or servicea state in which human wants are greater than the resources available to fill those wantsa state in which human wants are greater than the resources available to fill those wantsa state in which too few choices exist for a consumer to fulfill needs and wantsa state in which too few choices exist for a consumer to fulfill needs and wantsa state in which the opportunity costs of a given choice are less than the benefits of a given choice
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