[Answer] What might happen if an economy is unable to produce wanted goods and services?

Quesiton : What might happen if an economy is unable to produce wanted goods and services?

Answer: People will look elsewhere for them.

Most relevent text from all around web: What might happen if an economy is unable to produce wanted goods and services? What might happen if an economy is unable to produce wanted goods and services ? People will look elsewhere for them. In the lesson you learned about Dave and his bakery. Which might help Dave assess whether he should focus on bagels or donuts? Customers prefer donuts. In the free-enterprise system of the United States the government. makes some economic decisions. What might happen if an economy is unable to produce wanted goods and services ? People will look elsewhere for them. To create the proper tone for ... Tue Jan 03 2017 · The correct answer for the given question above would be option B. The one that might happen if an economy is unable to produce wanted goods and services is that people will look elsewhere for them. Since it is a want people have the urge of acquiring it so the only way they can do that is to look elsewhere. If an economy is unable to produce wanted goods and services then the people will look elsewhere for them. If a demand is not fulfilled by the current economy the customers will go where their demand is fulfilled. Therefore an economy must fulfill the demand of the customers and produce wanted goods and services . Goods and services are the product of resources. If resources were abundant without limit then we would not have a scarcity of the products they produce . Economic problems are problems of relative scarcity—wants exceed resources in the relative sense. Economy is not impo...