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Java Games: Flashcards, matching, concentration, and word search. |
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| scarcity | means not having enough resources to satisfy every need |
| economic decision making | is the process of choosing which wants, among several options, will be satisfied. A logical process that helps you choose the most satisfying alternative from among a set of choices. |
| trade-off | when you give up something to have something else |
| opportunity cost | the value of the next best alternative that you did not choose. |
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CTE Business Teacher |
South Mecklenburg High School |
| Charlotte, NC |
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