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MathematicsMathematics
6 September, 02:13

Which of these describes the fundamental conflict of economics?

a.

the need for government control and the desire for an unregulated market

b.

the management of limited resources to satisfy unlimited wants

c.

the competition of different sellers in the marketplace

d.

the balance of supply and demand

+2
Answers (1)
  1. 6 September, 02:18
    0
    My guess would be option B.

    I recall my economics Professor saying that statement, although i do not recall him saying it was the fundamental conflict of economics.
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Home » Mathematics » Which of these describes the fundamental conflict of economics? a. the need for government control and the desire for an unregulated market b. the management of limited resources to satisfy unlimited wants c.
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