What implication does resource scarcity have for the satisfaction of wants?

Not all wants can be satisfied

We will never be faced with the need to make choices

We must develop ways to decrease our individual wants

The discovery of new natural resources is necessary to increase our ability to satisfy wants

What implication does resource scarcity have for the satisfaction of wants? Correct Answer Not all wants can be satisfied

Resource scarcity for the satisfaction of wants implicates that not all wants can be satisfied. The classification of human wants is not a rigid concept.

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Commerce
Economics

What implication does resource scarcity have for the satisfaction of wants?

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