Social Studies, 02.12.2021 17:50 kgarc1019
Why are scarcity and choice basic economic questions faced by every society?
A. Opportunity cost leads to tradeoffs when bountiful resources exist.
B. Scarcity leads to having to make choices which cause opportunity cost.
C. Unlimited options are a result of unlimited wants and needs in society.
D. Our resources are unlimited, yet our wants and our needs are limited.
Answers: 2
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Why are scarcity and choice basic economic questions faced by every society?
A. Opportunity cost l...
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