Overpopulation can lead to limited:

• A. demand for goods and services
• B. availability of resources
• C. opportunity cost
• D. production possibilities

Answer: (B)

Verified step by step guidance

1. Step 1: Understand the concept of overpopulation in microeconomics, which refers to a situation where the number of people exceeds the capacity of the environment or economy to support them adequately.
2. Step 2: Recognize that overpopulation primarily affects the availability of resources because more people require more natural resources such as land, water, and raw materials, which are limited in supply.
3. Step 3: Recall that limited resources mean that the economy cannot produce unlimited goods and services, leading to scarcity, which is a fundamental concept in microeconomics.
4. Step 4: Analyze why overpopulation does not directly limit demand for goods and services; in fact, demand might increase with more people, but the constraint is on the resources needed to meet that demand.
5. Step 5: Conclude that overpopulation leads to limited availability of resources, which in turn affects production possibilities and opportunity costs, but the primary limitation is on resources themselves.