Business, 22.01.2021 19:40 windline829

The scenarios below each illustrate a principle of economics. Match each with the label that best fits it. On Black Friday, there are huge sales for electronics at many retail stores. David must decide between buying a camera at one store or a flat screen TV at another store, and buying one means losing out on the ability to purchase the other
An educational software company wants to expand the number of economics questions that it offers and is considering hiring another economist. It compares how much adding another worker will improve the product to the additional cost
Ava finds that there is not enough time after work to have dinner, exercise, and watch TV, and she must make choices about how to use her limited time.
A. Marginal Decisions
B. Resource Scarcity
C. Opportunity Cost

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The scenarios below each illustrate a principle of economics. Match each with the label that best fi...

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