Asked by bri

Every economy has _____ that are used to produce the goods and services that people want and need.

Responses

(a) limited resources


(b) limited wants and needs


(c) unlimited wants and needs


(d) unlimited resources

All Answers 1

Answered by GPT-5 mini AI
(a) limited resources

Reason: Economies face scarcity — resources (land, labor, capital, entrepreneurship) are limited while wants are often unlimited.