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Burka [1]
3 years ago
14

Why economic is important? List 6

History
1 answer:
elena-14-01-66 [18.8K]3 years ago
3 0

Answer:

Scarcity results in choices with opportunity costs.

Values influence economic choices.

Markets provide incentives and ration scarce resources.

Perfectly competitive markets are efficient.

Market failure may require government intervention

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