The impact of scarcity on economic decision making is that it can limit the choices of the consumer in the economy.
when products and resources become less available then there would be scarcity which will affect the decision of the consumer.
<h3>How does the scarcity of resources affect the decision making of the consumers?</h3>
Scarcity as a key concepts of economics can affect the choice of the consumer because it will limit their choices in making decision.
Therefore this will make them to make their choice out of the limited resources to meet their basic needs.
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Answer:
True
Explanation:
According to Baddeley, working memory is composed of three components: central executive which controls the flow of information; phonological loop which stores sound information; and visuo-spatial sketchpad which stores visual and spatial information.
Yes the weather is quite dry near deserts due to the heat leading to low humidity. this is why it rains so rarely around deserts
Answer:
the Red Sea
Northeast Africa, or Northeastern Africa or Northern East Africa as it was known in the past, is a geographic regional term used to refer to the countries of Africa situated in and around the Red Sea.
Explanation:
The answer to this is A price fixing.
Price fixing is where sellers agree to sell a certain product around the same price.
-Seth
