Question

what is the fundamental problem that economics seeks to address?
limited resources and unlimited wants
how to increase government control
how to eliminate scarcity
unlimited resources and limited wants

Explanation:

Economics focuses on the problem of scarcity, which arises from limited resources (like land, labor, capital) and unlimited human wants. "How to increase government control" is not a fundamental economic problem. Scarcity can't be eliminated, so "How to eliminate scarcity" is wrong. "Unlimited resources and limited wants" contradicts the reality of resource limits. So the correct option is about limited resources and unlimited wants.

Answer:

A. Limited resources and unlimited wants