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Which of the following accurately explains why scarcity forces individuals and society to incur opportunity costs? O Scarcity forces a nation to accelerate economic growth

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Which of the following accurately explains why scarcity forces individuals and society to incur opportunity costs? O Scarcity forces a nation to accelerate economic growth by increasing its production of capital goods in excess of the capital being worn out in the production process. O Because of scarcity, people must make choices, and each choice incurs a cost. Which of the following are examples of opportunity costs? Check all that apply. O A student bought some potato chips and ate them all while studying for a test. The time spent preparing for a test cannot be spent playing computer games. O Purchasing a Blu-ray player results in a superior experience compared to watching a regular movie. The money spent on a movie ticket cannot buy a Blu-ray player

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