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
?
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Explanation:
(A) it forces them to pay higher prices for goods
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
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