What is meant by the economic problem?

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asked Nov 21, 2021 76.6k views

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Dovile · Answer 1 · 2021-11-28T04:56:24+0000

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hey! hope this helps love! Economic problems asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. Economics involves the study of how to allocate resources in conditions of scarcity.

What is meant by the economic problem?

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