Question

How does scarcity impact personal financial decision making?

Answer 1

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

Answer 2

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, 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.  This is called trade-off decisions.