Economy, asked by ghostkiller99, 19 days ago

suggest two reasons why the concept of scarcity and choice is important for individual making economic decisions​

Answers

Answered by shahidamoodi
1

Answer:

This creates a problem; if we cannot have everything we want, we have to make choices. ... Thus, because we cannot have everything we want as a result of scarcity, every choice that must be made between two or more options has an opportunity cost.

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