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is the major economic challenge facing the region.

Sagot :

Answer:

The fundamental economic problem is the issue of scarcity but unlimited wants. 

Explanation:

Scarcity implies there is only a limited quantity of resources, e.g. finite fossil fuels. Because of scarcity, there is a constant opportunity cost – if you use resources to consume one good, you cannot consume another.

Answer:

Yes it is

Explanation: