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

Answer 1

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.