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andriy [413]
3 years ago
10

What is the chief economic problem economists try and answer? *

Social Studies
1 answer:
Anastasy [175]3 years ago
5 0

Answer:

<em>t</em><em>h</em><em>e</em><em> </em><em>p</em><em>r</em><em>o</em><em>b</em><em>l</em><em>e</em><em>m</em><em> </em><em>o</em><em>f</em><em> </em><em>s</em><em>c</em><em>a</em><em>r</em><em>c</em><em>i</em><em>t</em><em>y</em><em>.</em>

Explanation:

<em>the fundamental economic problem is that societies do not have enough productive resources to produce everything people want, aka scarcity. the value of a good or service depends on its scarcity and utility. the good must have utility and value to have monetary value.</em>

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