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Why are there trade-offs in economic decisions?
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scarcity the law of supply the law of demand priorities
@Elsa213
Can you please stop tagging me. v.v
k
"Trade offs exist because of limited resources, in economics, your trade off is the cost of your highest desired alternative; this is called opportunity costs. there are more explicit costs as well, like time and cash paid (if applicable)."
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so b
yeee
that's the last question >.>
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