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Card 1 of 30

Why must economic agents make choices?

A

Because resources are scarce but wants are unlimited.

B

Because resources have no opportunity cost but wants are unlimited.

C

Because resources are equally distributed but wants are unlimited.

D

Because resources are unlimited but wants are scarce.

Card 1 of 30

The concept of the margin Flashcards

  1. A Level
  2. /Economics
  3. /The concept of the margin

30 flashcards on OCR A Level Economics The concept of the margin: the key terms, economic models and case studies you need to recall for Component 01, Component 02 and Component 03.

Flashcards