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wariber [46]
3 years ago
15

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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The rising and falling of the tides is likely to make the fresh water salty. This is because ocean water is salty and the rising and falling of tides will cause the fresh water to mix in the ocean water. in the given case, the event is likely to occur twice daily so it will increase the chances of fresh water streams turning salty.

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