Choices are made whenever
A)money is limited.
B)there are too many alternatives.
C)resources are limited relative to human wants.
D)the society has abundant resources.
E)different people in an economy want different things.

Question

Quizplus · Accepted Answer

Choices are made because resources are limited relative to human wants. This means that people have to make decisions about how to allocate scarce resources to satisfy their needs and wants.

Choices Are Made Whenever