Question 71 (5 points) Match the correct word with its definition
What you give up in order
to get what you chose.
1. Scarcity
Not having enough of
something.
2. Opportunity Cost
3. Economic Choice
A choice made because of
the scarcity of resources.
You wouldn't need to
choose if you could have or
do everything.

2. To give up something in order to get what you choose.

3. last option

Explanation:

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