Riri366
Riri366 Riri366
  • 15-07-2021
  • Business
contestada

Define the terms:
- Scarcity
- Choice
- Opportunity cost
- Efficiency
- Inefficiency

Respuesta :

meisbonjour
meisbonjour meisbonjour
  • 15-07-2021

Answer:

Scarcity: In short supply of

Choice: Making a decision

Opportunity Cost: The loss of one aspect of a decision with the benefit of another

Efficiency: Being efficient and accurate as well as reliable

Inefficiency: Not being effective and wasting resources or time

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