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20 March, 11:58

Why are the three economic questions important in econ?

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  1. 20 March, 12:10
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    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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