Economy, asked by direinthotel, 6 months ago

2. Define scarcity, trade offs and opportunity cost. Give three examples of important trade offs that you face in your life

Answers

Answered by Snehpriyanshu
4

Answer:

Economic resources are scarce. Faced with this scarcity, we must choose how to allocate our resources.

Answered by mehakshergill3231
0

Ecinomic resources are scare .Faced with this scarcity , we must choose how to allocate or resources.

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