Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Listen As goods and services are scarce, the opportunity cost is zero people must choose among alternatives all human wants can be satisfied resource prices
Listen
As goods and services are scarce,
the opportunity cost is zero
people must choose among alternatives
all human wants can be satisfied
resource prices are fixed
commodities are free
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started