- Why are all goods and services scarce? a. Some goods have a greater opportunity cost than others b. All people have unlimited wants, but limited resources.
PIA 2000 Introduction to Public Affairs. Week 3: The Systems Model “Contemporary Models” of Governance and Socio- Economic Change.
Introduction to Economics
- Why are all goods and services scarce? a. Some goods have a greater opportunity cost than others
Introduction to Economics Egor Sidorov [email protected].
Chapters 1-2. Economics The effort to satisfy unlimited wants with limited means Choice Needs Wants.