How does scarcity affect the choice of consumers

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asked Oct 7, 2022 30.6k views

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Stefan De Boey · Answer 1 · 2022-10-13T03:46:25+0000

Answer:

Scarcity affects producers because they have to make a choice on how to best use their limited resources. It affects consumers because they have to make a choice on what services or goods to choose.

How does scarcity affect the choice of consumers

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How does scarcity affect the choice of consumers