Social Studies, 19.05.2021 19:10 blackeyes7659
A shoe company made a special edition basketball sneaker in a limited quantity. The sneaker sold out quickly and is currently unavailable. Which economic concept does this scenario demonstrate?
opportunity cost
scarcity
nonrenewable resources
specialization
PLEASE HURYY
Answers: 3
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Read the scenario. samira is a freshman basketball player who hopes to go to college on a basketball scholarship. she is offered the chance to play on her schoolβs varsity basketball team, which plays in tournaments during holiday breaks. samira usually spends her breaks working at the local hardware store. after careful consideration, samira decides to stay on the freshman basketball team and keep working over breaks.the fact that samira may miss out on a scholarship opportunity by staying on the freshman team illustrates-a cause.-minor consequences.-a trade off.-unexpected risk.
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A shoe company made a special edition basketball sneaker in a limited quantity. The sneaker sold out...
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