QUESTION IMAGE
Question
answering the three economic questions
use the drop - down menus to complete each sentence.
land, labor, and capital also are known as factors of production.
economies must answer the three economic questions because resources are limited.
if an economy does not answer the three economic questions, resources may
consequences can result when an economy does not answer the three economic questions
options for the blank: run out, be recreated, become too cheap
The question relates to basic economic principles. The three economic questions arise because resources are limited (scarcity). If an economy fails to allocate limited resources efficiently by answering these questions, resources may be wasted or exhausted. Among the options, "run out" aligns with the risk of mismanaging scarce resources.
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run out