The threat of new entrants into the marketplace is high when duplicating

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The basic economic problem is that consumers have too many products and services to choose from. a. True b. False

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We need to come up with solutions here. Consumers have too many products and services to choose from, that's the basic economic problem. The statement is false. If I write for this statement to be false, why we are seeing this because it is satisfying, satisfying unlimited, unlimited wants, desires and demands by right here for this and demands with limited resources. The basic economic problem is not this much. This problem is overwhelming. The answer is option number B, which is false, and if I depict this, this is the final answer in this case. Thank you for your kind words.

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