Which of the following is true of resources?
A)Their availability is unlimited.
B)They are the inputs used to produce goods and services.
C)Increasing the amount of resources available could eliminate scarcity.
D)They are inputs used to produce goods and services and increasing the amount of resources available could eliminate scarcity.

Question

Quizplus · Accepted Answer

Resources are the inputs used to produce goods and services. Scarcity cannot be eliminated simply by increasing resources, as resources are inherently limited.

Which of the Following Is True of Resources