Economics · Introduction to Economics
Choice is fundamental to economic behaviour because:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1People find it difficult to choose what they want.
- 2Resources are limited in relation to people's wants.✓
- 3Choosing makes people act rationally.
- 4Prices depend on people making choices.
Correct answer
Resources are limited in relation to people's wants.
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