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Question
[...] means that society has limited resources and therefore can't produce all the goods and services people wish to have.
Answer
Scarcity

Question
[...] means that society has limited resources and therefore can't produce all the goods and services people wish to have.
Answer
?

Question
[...] means that society has limited resources and therefore can't produce all the goods and services people wish to have.
Answer
Scarcity
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Scarcity means that society has limited resources and therefore can't produce all the goods and services people wish to have.

Original toplevel document (pdf)

owner: FelipRod - (no access) - Principles of Economics, 7th Edition by N. Gregory Mankiw[Dr.Soc].pdf, p40

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