Question

1 Why does the problem of choice arise
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Answer 1

Answer:

An economic problem is basically the problem of choice which arises because of scarcity of resources. Human wants are unlimited but means to satisfy them are limited. Therefore, all human wants cannot be satisfied with limited means. Economic problem arises the moment problem of choice arises.

Explanation:

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Answer 2

Answer:

because of different varieties and we can only have the one

Explanation:

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