HELPPP QUICKKK

Define these important terms in your own words.
Scarcity:

Choice:

Trade-off:

Opportunity cost:

Supply:

Demand:

my own words for these definition words:

Explanation:

choice: is something that you wanted to do or your own way of doing a certain thing.

trade-off: is where something Increase and the other object decreases.

opportunity costs: is something like a benefit profit or value of something, that must be given up to acquire or achieve something.

supply: is a certain amount of supplies or goods that can be available to customers.

demand: Is a economic principal which refers to the consumers desire to purchase goods.

the answer to your question is ( syngman rhee) have a great day