Q253
What implication does resource scarcity have for the satisfaction of wants?
A.
Not all wants can be satisfied
AnswerB.
We will never be faced with the need to make choices
C.
We must develop ways to decrease our individual wants
D.
The discovery of new natural resources is necessary to increase our ability to satisfy wants
Answer: Option A
Solution
Answer: Option A
Solution:
Resource scarcity for the satisfaction of wants implicates that not all wants can be satisfied. The classification of human wants is not a rigid concept.