How does scarcity impact personal financial decision making?

Social Studies

2 answers:

bulgar [2K]3 years ago

7 0

D. Consumers must make trade-offs to buy what they need

Andreyy893 years ago

6 0

Answer:

D: Consumers must make trade-offs to buy what they need.

Explanation:

Scarcity lead people to some financial decisions such as making trade-offs , which is an acceptable balance between two opposing things that someone wants, <em>a situation in which people accept something that they don't like or want but that makes it possobible for them to obtain what they want or need.</em> This is called trade-off decisions.

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