A state of economic scarcity exists when consumers:
A. borrow too much money to buy unnecessary products.
O
B. have their economic freedoms restricted by the government.
O C. do not have enough resources to satisfy all of their wants.
O D. save their money in banks instead of spending it.
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mickymike92 mickymike92 · Answer 1 · 2022-06-17T23:47:34+02:00

A state of economic scarcity exists when consumers borrow too much money to buy unnecessary products.

Economic scarcity refers to a situation in which enough resources are not available to satisfy the needs of man.

Economic scarcity can result when demand is greater than supply of a particular goods or resource.

A situation of economic scarcity can occur when a scarce resource such as money is wasted on unnecessary products.

Therefore, economic scarcity can occur when consumers borrow too much money to buy unnecessary products.

Learn more about economic scarcity at: https://brainly.com/question/24514964

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