Question

how does scarcity effect peoples economic decisions?

A: it forces them to pay high prices for goods

B: it stops them for paying opportunity cost

C: its pressures them to support command economies

D: it stops them from fulfilling all of their wants
?

Answer 1

Scarcity of resources can affect us because we can't always have what we want. For example, a lack of money and funds can lead me to not being able to buy the dream computer I want for work. In order to adjust, we have to either earn more money or adjust our dream computer to afford something more realistic.

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thank you

Answer 2

Answer:

(A) it forces them to pay prices for goods

Explanation:

as there is a scarcity of a resource which is basic need of people like food or water

then the prices and tax imposed on it rises

and people are forced to pay higher