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Sagot :
Final answer:
Time is scarce due to its limited nature, leading individuals to make choices based on opportunity cost.
Explanation:
Time is scarce because it is limited. The fact that there are only 24 hours in a day forces individuals to make choices on how to allocate their time, as highlighted by the concept of opportunity cost. This scarcity of time is a fundamental aspect of human existence and decision-making processes.
Learn more about Time scarcity and decision-making here:
https://brainly.com/question/30283835
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