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When there is scarcity and choice there is/are _______. a. no options. c. risk. b. costs. d. opportunity.
Question
Asked 11/11/2014 7:50:22 AM
Updated 11/11/2014 8:28:41 AM
2 Answers/Comments
Flagged by jeifunk [11/11/2014 8:28:41 AM]
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User: When there is scarcity and choice there is/are _______. a. no options. c. risk. b. costs. d. opportunity.

User: The government of a country must make a decision between spending money on a hospital or spending the same amount on border security. What kind of decision is this? a. guns or butter c. global trade-off b. decision at the margin d. production efficiency decision

Question
Asked 11/11/2014 7:50:22 AM
Updated 11/11/2014 8:28:41 AM
2 Answers/Comments
Flagged by jeifunk [11/11/2014 8:28:41 AM]
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8
The government of a country must make a decision between spending money on a hospital or spending the same amount on border security. The kind of decision is: guns or butter.
Added 11/11/2014 8:09:19 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [11/11/2014 8:29:21 AM]
8
When there is scarcity and choice there is cost.
Added 11/11/2014 8:28:40 AM
This answer has been confirmed as correct and helpful.
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