Scarcity and Choice

eBook (PDF), 4 Pages
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Scarcity and choice lie at the heart of economics. If all goods were free goods, there would be no need to economize. With free goods, we could have an unlimited quan¬tity of all goods and services at no cost. However, unfortunately, we live in a world of economic goods, which implies that we must choose among restricting alternatives that are costly. Productive resources, time, and income are limited, and we must make hundreds of choices each day among the numerous alternatives available.
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Product Details

June 5, 2013
File Format
File Size
422.02 KB

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Required Software Any PDF Reader, Apple Preview
Supported Devices Windows PC/PocketPC, Mac OS, Linux OS, Apple iPhone/iPod Touch... (See More)
# of Devices Unlimited
Flowing Text / Pages Pages
Printable? Yes
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