History, 09.03.2021 01:30 tyaniahawarren
How does scarcity affect the economic decisions of a society?
It forces the society to choose how to best use its limited resources.
It encourages the society to take actions that benefit producers rather than consumers.
It leads the society to create a command economy in which supply and demand do not set the prices of goods.
It pushes the society to discourage its people from making trade-offs because trade-offs increase scarcity.
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How does scarcity affect the economic decisions of a society?
It forces the society to choose how t...
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