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0. Basic Principles of Economics
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Problem 14
0. Basic Principles of Economics
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0. Basic Principles of Economics / Scarcity and Choice / Problem 4
Problem 4
How does scarcity affect individual decision-making?
A
It has no impact on personal decision-making.
B
It allows individuals to satisfy all their wants without trade-offs.
C
It eliminates the need for budgeting.
D
It forces individuals to make choices and prioritize their needs.
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