sushmakhadka775 sushmakhadka775

30-11-2020
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explain the concept of scarcity and choice

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DollySingh672 DollySingh672

30-11-2020

Answer:

please mark me as BRAINLIEST

Explanation:

Scarcity refers to the finite nature and availability of resources while choice refers to people's decisions about sharing and using those resources. The problem of scarcity and choice lies at the very heart of economics, which is the study of how individuals and society choose to allocate scarce resources.

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Cynthia403 Cynthia403

30-11-2020

Answer:

scarcity is when resources are limited in amount and choice is when you have to choose between two or more resources based on what you need most we're

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