Arrange the following steps in the process of addressing scarcity in economics from first to last: A) Identify limited resources, B) Allocate resources based on priorities, C) Evaluate the outcomes of resource allocation, D) Recognize unlimited human wants.

To address scarcity in economics, we start by recognizing unlimited human wants, which is step D. This means understanding that people always desire more than what is available. Next, we identify limited resources, which is step A, to see what we have to work with. After that, we allocate those resources based on priorities, which is step B, deciding how to use them most effectively. Finally, we evaluate the outcomes of resource allocation, step C, to see if our choices meet people's needs and to learn for the future.