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When people use their resources in one way and not another they are forced to make what?
When people use their resources in one way and not another, they are forced to make trade-offs. This involves sacrificing the potential benefits of the alternative choices they forego. Such decisions highlight the concept of opportunity cost, which represents the value of the next best alternative that is not chosen. Ultimately, these choices reflect individual priorities and preferences in resource allocation.
What else can I help you with?
What letter can you add to force to make another word?
forced
The concept of scarcity force's people to?
Scarcity of resources forces people to make choices between a number of options available to us everyday. People are forced to chose which of their needs & wants they want to satisfy and which desires will they leave.
Which term is used to describe a situation where most consumers are forced to make decisions based on limited resources?
scarcity
Which term is used to describe a situation where most consumers are forced to make a decision based on limited resources?
scarcity
What is another word for to make some thing happen?
You could use forced, or caused.
Which term is used too describe a situation where most consumers are forced to make decisions based on limited resources?
scarcity
Why did people have to make more slaves?
people had no choice they were forced to have sex to create more slaves for there owners :(
What is the result of having limited resources in an economy?
People make economic choices about what to do with their resources.
What natural resources did Cahokia's people use and what did they make?
what is ir
What are organizational resources?
Organizational resources include equipment, people and money. All of these resources are assets to the company and help make it better.
According to Adam Smith what directs the choices business people make about how to use their resources?
According to Adam Smith what directs the choices business people make about how to use their resources by profit.
What are the three main kinds of resources and how is each one define?
The three main kinds of resources are natural, human, and capital. Natural Resources are gifts of nature, human resources are skills people have to produce goods and services, and capital resources are the things people make, such as machines and equipment, to produce goods and services.
