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Why does scarcity require choice? What is the cost of a choice? Why is scarcity the basis of all economic decisions? Describe how the role of the government in a society influences the three economic questions.
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Why does scarcity require choice? What is the cost of a choice? Why is scarcity the basis of all economic decisions? Describe how the role of the government in a society influences the three economic questions.

User Oxfn
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Answer:

Scarcity requires a choice because there will always be two options a country has to pick. If they pick choice #2 then the cost will be choice #1.

Step-by-step explanation:

User Wintour
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