S.S.E.1 Scarcity & Econ Reasoning
Economics: The study of how individuals, governments, firms, and nations make choices on allocating scarce resources to satisfy their unlimited wants.
Project
free_enterprise_project.doc | |
File Size: | 22 kb |
File Type: | doc |
Scarcity
Factors of Production
Land Labor Human Physical
Land Labor Human Physical
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Opportunity Cost
-best alternative given up after a decision
-best alternative given up after a decision