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 traditional methods of production are outdated.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, and for whom to produce) are centered around the allocation of scarce resources. When businesses use limited resources wisely, they are essentially addressing these economic questions. People's changing desires and needs are a factor but not the direct illustration of addressing the three questions. Traditional methods being outdated doesn't directly relate to the core of the three economic questions. Limiting production is too narrow and not as comprehensive as using resources wisely in terms of addressing the three economic questions.

Answer:

Businesses need to use limited resources wisely.