Economy, asked by georgealstin, 9 months ago

scarcity of resources give raise to?​

Answers

Answered by mehek2440
14

Answer:

The Problem of Choice: ... Therefore, scarcity of resources gives rise to the fundamental economic problem of choice. As a society cannot produce enough goods and services to satisfy all the wants of its people, it has to make choices. A decision to produce one good requires a decision to produce less of some other good.

hope this answer helps u dear.

Answered by needy26
1

Scarcity of resources give rise to economics... ..

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