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Kryger [21]
4 years ago
10

I need help with economic hw can someone come up with a example for scarcity and choice, opportunities cost

Business
1 answer:
diamong [38]4 years ago
4 0

Scarcity occurs when the demand for something exceeds the supply. Examples often occur with natural resources when they are over used. Think of over fishing, hunting or poor farming. The choice to over hunt in present may cost hunting opportunities in the future.

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D.

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Ilya [14]

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The risk should be accepted

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4 years ago
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Answer:

<u>~Senpi boi here~</u>

<u><em>I think that the consistey is so important between the Loan Estimate and the Closing Disclosure is because this can help you understand all the costs involved in getting a mortgage and make it harder for lenders to take advantage of you. And to identify any discrepancies. Also the Loan Estimate shows what you may pay. The Closing Disclosure shows what you will pay.</em></u>

(Hope this helps!)

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