QUESTION IMAGE
Question
- ______________ forces us to make choices.
incentives
scarcity
abundance
Brief Explanations
In economics, scarcity refers to the limited availability of resources compared to unlimited wants. Since resources are scarce, individuals, businesses, and societies must make choices about how to allocate these resources. Incentives are things that encourage or motivate behavior, and abundance would mean there is no need to make choices as resources are plentiful.
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Scarcity