Question:

What is the link between scarcity and choice in economics?

Answer:

Opportunity cost means that one must make choices due to scarcity, and the cost of that choice means giving up something else. AnswerParty On!

Semantic Tags:

Economic theories Value theory Opportunity cost Post scarcity Economic anthropology Business Finance economics Scarcity Microeconomics Choice
News:


Related Websites:


Terms of service | About
6