V6aleMadibrecca V6aleMadibrecca
  • 06-04-2017
  • Social Studies
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Why are scarcity and choice basic to the study of economics?

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1v1MeRust 1v1MeRust
  • 06-04-2017
These two factors define an economy. This is because scarcity shows how much of something is stocked. Meaning economists can know what there is and what there isn't. Choice is pretty self explanatory people want to know what consumers want to buy.
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collincross collincross
  • 07-04-2017
These two factors define an economy. This is because scarcity shows how much of something is stocked. Meaning economists can know what there is and what there isn't. Choice is pretty self explanatory people want to know what consumers want to buy.
Answer Link

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