Correct Answer: Option D

Explanation

Scarcity, or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants. The problem of

- what to produce
- how to produce and for 
- whom to produce are the basic economic problems of a society.
- Efficiency of resources used

Scale of production is a secondary production function.

• what is isoelectronics series? Answer this

  2 Answers   ·   Chemistry   ·   1 day ago
• what is the cut off marks for lafia federal university? Answer this

  1 Answers   ·   1 day ago
• 49. Fill in the blank space with the correct word(s), from the options lettered A-D. In the sentence "The girl... Answer this

  4 Answers   ·   2 years ago