Economic problem arises in all society because?

A. resources are mismanaged by leaders
B. there is no proper planning
C. resources are not inadequate supply
D. the services of economist are not employed

Correct Answer: Option C

C. resources are not inadequate supply

Explanation

Goods and services that satisfy human wants are produced with the help of resources such as land, labour, capital, and enterprise. These resources are scarce while wants are unlimited. Due to the scarcity of these resources, an economy cannot produce all those goods and services as required by its citizens.