What does "scarce resources" mean?

A. There are unlimited resources available.
B. There are no resources available.
C. There is a limit on the availability of resources.
D. It is impossible to allocate resources efficiently.

1 answer

C. There is a limit on the availability of resources.

"Scarce resources" refers to the situation where the resources available are insufficient to meet the demands for them, indicating that there is a limited supply.

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