Scarcity, Opportunity Cost, and Trade - Pearson

to any gift: the giver will expect something in return. The economist’s take on the slogan is that every choice involves a trade-off: To get anything, including lunch, you must always give up something else. What you give up may be money or time, but every choice has an opportunity cost. FOR YOUR INFORMATION SCARCITY, OPPORTUNITY COST, AND ... ................
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