hunterovermeyer hunterovermeyer
  • 01-03-2022
  • Geography
contestada

is the major economic challenge facing the region.

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dontezdhale0511 dontezdhale0511
  • 01-03-2022

Answer:

The fundamental economic problem is the issue of scarcity but unlimited wants. 

Explanation:

Scarcity implies there is only a limited quantity of resources, e.g. finite fossil fuels. Because of scarcity, there is a constant opportunity cost – if you use resources to consume one good, you cannot consume another.

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gabrielblake gabrielblake
  • 07-03-2022

Answer:

Yes it is

Explanation:

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