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: In the NEED TO KNOW principle.
The need to know principle is a rule used in organisations to allow employees access ONLY the information and data needed for them to work.
In this principle, even if one has the rights to all the information in the Organisation, access will not be granted except they need to use he information to work.
This principle is mainly used in the military and in financial services.
He tried to end slavery and started the New Deal program.
What was the bill? yoi need to give more information
