menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Principles Study Set 1
  4. Exam
    Exam 1: Exploring Economics
  5. Question
    The Idea That Wants Are Virtually Unlimited but the Resources
Solved

The Idea That Wants Are Virtually Unlimited but the Resources

Question 211

Question 211

Multiple Choice

The idea that wants are virtually unlimited but the resources to meet those wants are limited is called


A) the want-resource paradox.
B) the economic gap.
C) the dismal conclusion.
D) scarcity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q206: (Figure: Interpreting Equations on a Graph) In

Q207: Why are markets efficient?

Q208: A society that is able to produce

Q209: Macroeconomics is concerned with issues such as<br>A)

Q210: If variable X rises as variable Q

Q212: The opportunity costs of attending college do

Q213: The economics of uranium mining would be

Q214: (Figure: Interpreting Equations on a Graph) In

Q215: The problem of the medically uninsured involves<br>A)

Q216: Although the United States hardly produces any

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines