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How does the concept of scarcity affect economic decision making?
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How does the concept of scarcity affect economic decision making?

User Robby Lebotha
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The ability to make decisions comes with a limited capacity. The scarcity state depletes this finite capacity of decision-making. ... The scarcity of money affects the decision to spend that money on the urgent needs while ignoring the other important things which comes with a burden of future cost.

User Elentriel
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