The scarcity forces us to make choices because we do not have enough resources to produce all the goods/services at the required prices so people have to choose which goods/services we value most.
What is Scarcity?
The scarcity refers to a fundamental economic crisis — the gap between limited resources and limited resources.
People choose because they cannot get everything they want. Every choice requires a certain amount of opportunity (cost of opportunity)
Economic decision-making requires comparing both the costs of the opportunities and the financial costs of the choice and the benefits.
Hence, Option a is the correct choice.
Learn more about scarcity, refer to the link:
https://brainly.com/question/3081250
