The basic economic problem is a situation of

A$)$ limited resources and unlimited wants.

B$)$ both limited resources and limited wants.

C$)$ limited incomes and unlimited choices.

D$)$ unlimited incomes and limited choices.

A$)$ limited resources and unlimited wants.

B$)$ both limited resources and limited wants.

C$)$ limited incomes and unlimited choices.

D$)$ unlimited incomes and limited choices.