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Q 1/3
Score 0
Scarcity exists when
30
there are not enough resources to satisfy the wants of everyone
not everyone wants what is available
insufficient money in a country
only rich people gets what is available
Q 2/3
Score 0
You were given $20 for lunch today. You can buy either chicken and chips or a taco but not both. If you buy the taco, what is the opportunity cost of your decision?
30
the cost of the taco
the cost of the chicken and chips
The chicken and chips
the satisfaction you get from tacos.
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3 questions
Q.
Scarcity exists when
1
30 sec
Q.
You were given $20 for lunch today. You can buy either chicken and chips or a taco but not both. If you buy the taco, what is the opportunity cost of your decision?
