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Question
The basic economic problem of all economies is essentially one of deciding how to make the best use of
The basic economic problem of all economies is essentially one of deciding how to make the best use of
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Solution
The correct option is B limited resources to satisfy unlimited wants
The basic or central economic problem asserts that an economy's finite resources are insufficient to satisfy unlimited wants.
The basic or central economic problem asserts that an economy's finite resources are insufficient to satisfy unlimited wants.
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