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Business, 27.09.2019 02:30 rebecca52360

Explain why scarcity leads to trade offs. choose all correct answers a. scarcity leads to trade offs only if you do not have the resources to obtain both goods. b. since the supplies of virtually all goods are limited, and since human wants are unlimited, there is competition between individuals. c. if you want a certain good, you have to give up something else to get it, whether that be time, money, labor or another good offered in trade. d. if you want a certain good, you have to give up something else to get it, unless you have enough money for both

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Explain why scarcity leads to trade offs. choose all correct answers a. scarcity leads to trade offs...

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