• In what ways does "scarcity" play a role in your daily life and decision making?

In answering this question everyone should also consider discussing:

• How the invisible hand of self interest influences our decision making
• The four principles that guide choices made by individuals
• Explaining how trade-offs and opportunity costs fit into the decision making process
• Possibly look at charting a Production Possibility Frontier that illustrates a specific decision

can you as well give an example of this.

Here is an link to the reading that will help to answer

https://mega.nz/fm