Question

Because of scarcity, Select one:

a. we must sacrifice something of value to obtain more of any good or service we desire.
b. the opportunity cost of any good or service will always be zero.
c. we can use more resources for one purpose without sacrificing the amount used for other purposes.
d. we can obtain more of any good or service we desire without sacrificing something of value.

Answer 1

Answer:

a. we must sacrifice something of value to obtain more of any good or service we desire.

Explanation:

Scarcity is when there's limited availability of a product, service, etc. this can lead to higher prices to obtain such product thanks to the lack of it in the market.

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