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Cryptocurrency Q&A How does scarcity lead to opportunity costs?

How does scarcity lead to opportunity costs?

Claudio Claudio Tue Jan 14 2025 | 6 answers 1117
I'm trying to understand how scarcity, which is the limited availability of resources, can give rise to opportunity costs. I want to know how this economic concept affects the choices we make and the costs associated with those choices. How does scarcity lead to opportunity costs?
scarcity opportunity costs lead to

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