• what does the concept of scarcity explain? check all that apply.

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  • -The limited availability of resources -The need for individuals and societies to make choices -The need for individuals and societies to prioritize their needs

    • Answered:

      Janae Dennis

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  • -The finite nature of resources -The limited capacity of individuals and organizations to produce goods and services -The need to make choices due to the limited nature of resources -The opportunity cost of making a decision

    • Answered:

      Peyton Mckinney

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