We study economics to learn how to allocate scare resources. Scarcity is the major concern of economics. Using scarce resources results in opportunity cost, which is defined as the cost of doing something else.
You should be a member of the community to be able to interact
We study economics to learn how to allocate scare resources. Scarcity is the major concern of economics. Using scarce resources results in opportunity cost, which is defined as the cost of doing something else.
Goooooooooooooooooooood
