Question

which of the following best illustrates the importance of addressing the three questions of economics?
peoples desires and needs are always changing.
businesses need to use limited resources wisely.
traditional methods of production are outdated.
businesses need to limit production.

Explanation:

The three questions of economics (what to produce, how to produce, for whom to produce) are centered around the allocation of scarce resources. When businesses use limited resources wisely, it directly relates to addressing these economic questions as it involves decisions on resource - based production. People's changing desires (while relevant to demand) do not directly address the core resource - allocation aspect of the three economic questions. Outdated production methods are a narrower issue not as comprehensive as resource - wise use. Limiting production without context of resource use is also not as relevant.

Answer:

Businesses need to use limited resources wisely.