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

Answer Link

Otras preguntas

What is the ability of matter to carry thermal energy?
Who was the leader of Tammany Hall in New York City during the late 1800s?  He lead New York City through the use of bribery and intimidation.?
What did President Hoover do that directly led the Bonus Army march on Washington in 1932?
How can you determine if an objects accelerating by looking at a speed vs. time graph
Each main idea in a paragraph should be supported by ____ pieces of proof or evidence.
How did rule differ under oligarchies,democracies, and republics?
Which of the following statements apply to the Old Kingdom? Choose all answers that are correct. A. Ramses II builds the Temple at Karnuk. B. The pyramids at Gi
I know the answer to 255.5 ➗ 7 but how would you write it out.. (I'm not smart)
A style of art that showed Soviet life in a positive light was called...?
what is 12/15 written as a percent and decimal