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

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