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The individuals and society both face an economic problem. This problem arises from the fact that: a)wants are limited but the resources are not. b)resources
The individuals and society both face an economic problem. This problem arises from the fact that:
a)wants are limited but the resources are not.
b)resources are scarce relative to individual's wants
c).individuals and institutions behave only in their self-interest
d).both wants and resources are unlimited.
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