Answer:
All of the above is the correct answer
Answer:
I believe the correct answer is <u>"opportunity cost"</u>.
Explanation:
The <u>opportunity cost</u> of a choice is the value of the best alternative given up. Scarcity is the condition of not being able to have all of the goods and services one wants.
The statement that is not accurate is that fads are a type of collective concern, as they actually correspond to a type of collective behavior.
<h3 /><h3>What is a fad?</h3>
It can be understood as a collective behavior that occurs within a culture or group, generating the formation of behaviors or desire for specific products and services over a period of time.
The fad usually lasts for a short period, and can arise due to media influences for example.
Find out more about fad here:
brainly.com/question/483976
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c Bothh were developed during acient times