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Answer:

Scarcity requires choice, because you have to make a choice of what you want to sacrifice. The cost of the choice is to something you may or may not need. 

Explanation:

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Since resources are limited, people must make choices related to goods and services.

What is Scarcity ?

Scarcity means people demand more than is available when there is scarcity. Scarcity restricts us on a personal and societal level.

Why Scarcity require Choice ?

  • Choice is required by scarcity. People must make the decision as to which of their desires they will give in to and which they will suppress. Scarcity requires us to take less of something else when we pick more of something, whether as a nation or as individuals.

  • Costs are present when there is both scarcity and selection. The alternative or options that a person forgoes are the price of any decision. The enjoyment you would have had playing the game, for instance, if you chose to read this text instead of playing a computer game, would be the cost of reading this book.

Learn more about Scarcity and Choice here:

https://brainly.com/question/3081250

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