Question

How do we refer to the physical limit of raw materials, equipment, and labor needed to produce a limited number of products?%0D%0A%0D%0A(1 point)%0D%0AResponses%0D%0A%0D%0Aresource loss%0D%0A%0D%0Aresource loss%0D%0A%0D%0Ascarce resources%0D%0A%0D%0Ascarce resources%0D%0A%0D%0Alimited product%0D%0A%0D%0Alimited product%0D%0A%0D%0Awants and needs
GPT-4o mini
The correct term to refer to the physical limit of raw materials, equipment, and labor needed to produce a limited number of products is **scarce resources**.

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