Economy, asked by sukhdeeps245pcdj3a, 1 year ago

explain how scarcity and choice go together

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Answered by Anonymous
26

Scarcity of resources having alternative uses compels every individual and society to make choices in the use of resources in order to obtain maximum satisfaction. Clearly choice arises because of scarcity. Thus scarcity and choice go together

Answered by laranyaburugula
6
SCARCITY- scarcity means the resours are in the less hand of human beings

Choice- the one he or she is willing to consume the things

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