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Time is scarce because it is
a. limited.
b. unlimited.
c.
controllable.
d. relative.
Please select the best answer from the choices provided
A
ов
Ос
OD


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.


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