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  • 23-08-2021
  • Business
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why do individual, business and nations make choices?

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raiaachal466
raiaachal466 raiaachal466
  • 23-08-2021

Answer: Since consumers' resources such as time, attention, and money are limited, they must choose how to best allocate them by making tradeoffs. ... When scarce resources are used (and just about everything is a scarce resource), people and firms are forced to make choices that have an opportunity cost

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