Question

Which statement explains why all societies face Opportunity Costs?

A. Resource distribution across countries is unequal.
B. National production is limited by the availability of scarce resources.
C. Citizens tend to vote for politicians who support the usage of economic Opportunity Cost.

Answer 1

Answer: B. National Production is limited by the availability of scare resources.

Explanation: I got it right on the test.

Answer 2

The correct answer for the question that is being presented above is this one: "C. Citizens tend to vote for politicians who support the usage of economic Opportunity Cost." The statement that explains why all societies face Opportunity Costs is that citizens tend to vote for politicians who support the usage of economic Opportunity Cost.