AGS ECON 1.2 Scarcity, Choices, and Opportunity Costs
This lesson defines scarcity, choices opportunity costs, and production possibilities. It relates each to students, governments, and businesses.
Obj 1: to describe how scarcity affects people, governments, and businesses
Obj 2: To identify several examples of opportunity cost
Obj 3: To interpret an explain production possibility curves
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The total time allowed for this quiz is 2 hours. |
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