Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Get quick and reliable solutions to your questions from a community of experienced professionals on our platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

1. Why do people make economic choices in the South?


Sagot :

Why does an economic choice involve giving up something else? People make choices because they cannot have everything they want. All choices require giving up something (opportunity cost) Economic decision-making requires comparing both the opportunity cost and the monetary cost of choices with benefits.