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geniusboy [140]
3 years ago
7

Which of the following statements about opportunity cost are true? CHECK ALL THAT APPLY. It exists because resources are scarce.

It influences consumers. It influences producers. It assists in anticipating profits. It encourages people to spread their resources around.
History
2 answers:
slava [35]3 years ago
8 0

<u>Answer:</u>

- It exists because resources are scarce.

- It influences producers.

- It influences consumers.

<u>Explanation:</u>

It exists because resources are scarce:

It is very unrealistic to say that the resources are unlimited as it is impossible to produce such a huge number of resources. So keeping this mind, people have to decide which resource they want to make use of.

It influences producers:

Decisions about what products are to be made by the producers that they plan to make for consumers.

It influences consumers:

Consumers also have to keep in mind their limited resources while spending.

cluponka [151]3 years ago
7 0

Answer:

A

B

C

Explanation:

Edge 2020 :) Hope this helped

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Here is my OPINION/ interpretation. I may or may not be incorrect.

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Arms = body part

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Hope this helped! :)

---------------------------------

DISCLAIMER: I am not a professional tutor or have any professional background in your subject. Please do not copy my work down, as that will only make things harder for you in the long run. Take the time to really understand this, and it'll make future problems easier. I am human, and may make mistakes, despite my best efforts. Again, I possess no professional background in your subject, so anything you do with my help will be your responsibility. Thank you for reading this, and have a wonderful day/night!

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