Question

scarcity and choice problem goes together do you agree with this statement give reason in support of your answer​

Answer 1

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.

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Answer 2

Answer:

Scarcity and choice go together because the resources are limited and they have alternative uses. Resources are said to be scare when there opportunity cost is zero. As we know human wants are unlimited, resources are limited and every individual wants to get maximum satisfaction. Thus he has to make choice form limited resources so that he can get max. Satisfaction. Thus scarcity and choice go together.

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Sonali verma