When an Economist Says That Material Wants Are Insatiable, This

Multiple Choice

When an economist says that material wants are insatiable, this means that:

A) economic resources are valuable only because they can be used to produce consumer goods.
B) economic resources-land, labour, capital, and entrepreneurial ability-are scarce.
C) these wants are virtually unlimited and therefore incapable of complete satisfaction.
D) the structure of consumer demand varies from time to time and from country to country.