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  • 20-12-2019
  • Business
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Why are the three economic questions important in econ?

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tharukajayasingha123
tharukajayasingha123 tharukajayasingha123
  • 20-12-2019

Answer: the three economic problems are important because

Explanation: The possibilities are endless. Although every society answers the three basic economic questions differently, in doing so, each confronts the same fundamental problems: resource allocation and scarcity. Simply put, scarcity means that resources are limited.

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