The Summerville city council has money in its budget that it needs to spend now. The council is debating whether to use these limited funds to build a new park or repair several streets in the oldest section of town. The resources for both projects are available and will cost the city about the same amount of money.
Answer
A
why people’s needs and wants are unlimited
B
how scarcity might affect future projects
C
the townspeople’s needs and wants
D
how it will produce each project
Explanation
The city has enough money to fund only one of two projects, even though both resources are available and the costs are about the same. It must decide which project better meets the townspeople’s needs and wants: a new park or repaired streets. This is why the choice is about the townspeople’s needs and wants, not how to produce each project.
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