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11 Dec 2019
Scarcity is central to the study of economics because it implies that:
(i) economic agents are rational.
(ii) wants are unlimited.
(iii) society makes optimal decisions.
(iv) every choice involves an opportunity cost.
Scarcity is central to the study of economics because it implies that:
(i) economic agents are rational.
(ii) wants are unlimited.
(iii) society makes optimal decisions.
(iv) every choice involves an opportunity cost.
5
answers
1
watching
607
views
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Sixta KovacekLv2
18 Feb 2020
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