If more and more resources are constantly explored and new and new technique of production are constantly discovered,don’t you think a day will come when our central problems will be solved once for all?

If more and more resources are constantly explored and new and new tec

1.	If more and more resources are constantly explored and new and new technique of production are constantly discovered,don’t you think a day will come when our central problems will be solved once for all?
Answer» When new resources are explored and new technology is discovered,PPC wouldexpand,indicating larger and larger flow of goods &services in the economy.But our wants are limited, so scarcity of resources in relation to human wants will always exist.And,so long as limited resources are to colliding with unlimited wants,central problems can never be solved once for all.

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If more and more resources are constantly explored and new and new technique of production are constantly discovered,don’t you think a day will come when our central problems will be solved once for all?

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