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Which situation creates scarcity in an economy?
A. Humans and physical capital are used as factors of production when making goods.
B. Businesses disregard public needs and only supply goods that are cheap to make.
C. Citizens have more wants than they can fulfill with their available resource.
D. Governments decide to distribute goods to make sure all citizens are equal.

Respuesta :

Answer:

citizens have more wants than they can fulfill with thier available resources  

Explanation:

A.P.E.X

Option C. Citizens have more wants than they can fulfill with their available resource.

How are unlimited needs and limited resources related to shortage?

Seinfeld's economics, next to, describes the term as follows: "In essence, unlimited desire means that people can't get enough, and that there's always something they want." Rarity. "

Rarity in economics refers to the case where the demand for a resource is greater than the supply of that resource due to the finite number of resources. Rarity requires consumers to choose how best to use their resources to meet all basic needs and as many needs as possible.

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