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In economic analysis, people's resources are Selected Answer: limited and their wants are also limited. Answers: limited and their wants are unlimited. unlimited and their wants are limited. unlimited and their wants are also unlimited. limited and their wants are also limited

User Jonette
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Answer:

limited and their wants are unlimited.

Step-by-step explanation:

In economics, resources are scarce and limited, but consumers' needs are unlimited. Unsatisfied needs or desires are theoretically unlimited, because as soon as you satisfy one need, you find out that you have another need that is unsatisfied. Some economic agents have more disposable resources than others, e.g. one country might have a large population and a lot of land, but their capital is short. The only resource that is scarce for everyone in the same manner is time.

User Deneb
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