Answer:
D: unlimited wants and needs.
Step-by-step explanation:
The resources we require to meet our basic everyday need and wants seems to be never enough. Resources are valuable things used to satisfy people's needs and wants, such as land, tools, money, time, and materials. The nature of resources is that there are limited in supply.
Scarcity is a state of not having sufficient resources to satisfy needs and wants. Due to scarcity, individuals, firms, and countries must prioritize their needs and wants. They have to devise a formula that guides the allocation of limited resources to meet insatiable needs. Scarcity requires prudent use of the few resources to address the needs and wants of community members.