Why does scarcity force economic choices?

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asked Jun 13, 2017 50.6k views

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Neeh · Answer 1 · 2017-06-19T09:10:19+0000

Scarcity forces economic choices because when you have a scarce amount of food prices have to go up because they want to keep as much as they can, and if they have too much food prices will go down because they will have too much.

Why does scarcity force economic choices?

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