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:
National heritage are items of especially historical or cultural significance handed down from generation to generation of a nation as a whole.
Explanation:
Frequently (especially with capital initials) as part of the name of a body set up to manage or fund the preservation of historic buildings, landscapes, etc., within a particular country.
I believe the answer is: <span> they impede scientific progress
The scientific findings that derived from a research often would be used as a basis for other research in the future. This method allow our scientific development to keep moving forward.
</span><span>When a research knowingly falsified data, the basis for future scientific research is already wrong to begin with and this would stunt the development.</span>
Answer:
Two objects with different masses collide and bounce back after an elastic collision.
Answer:
Answer to the following question is as follows;
Explanation:
Foreign policy and domestic policy are viewed as two sides of the same coin since any alteration in either of these strategies will have an influence on the nation's macroeconomic factors.
If a domestic country adopts an expansionary strategy, such as an expansionary monetary policy, by boosting government expenditure, consumer spending will rise as a result of the government's increased spending on different social welfare programmes.