Josephluisbiandilla6idn
Answered

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What can you infer with regards to these economic principles?​

Sagot :

Choumain2008idn

Answer:

KEY TAKEAWAYS

Four key economic concepts—scarcity, supply and demand, costs and benefits, and incentives—can help explain many decisions that humans make.

Scarcity explains the basic economic problem that the world has limited—or scarce—resources to meet seemingly unlimited wants, and this reality forces people to make decisions about how to allocate resources in the most efficient way.

As a result of scarce resources, humans are constantly making choices that are determined by their costs and benefits and the incentives offered by different courses of action.

Explanation:

TNX me late po.

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