Social Studies, 30.01.2020 08:50 krystalhurst97

Every economic decision has?
only positive benefits.
gained opportunities.
unavoidable limitations.
possible unpleasant consequences.

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Every Economic decision has : Gained opportunities

Even for something simple. For example let's say you buy a shirt for $5 . This Economic decision not only you cost yourself $5 , but you also gain an opportunity to sell it for more than $5

Answer from: arizmendiivan713

Every economic decision has “gained opportunities”.

Further Explanation:

Economics decisions are referred to those decisions in which individuals (or family or country) have to decide what they should do in the situation of scarcity. Scarcity takes place because individuals have ‘unlimited wants’ but only have ‘limited resources’ with which one can fulfill his/her wants.

The study of “economics” helps an individual in helping him to make ‘better decisions’. As with most of the things, if a person is more informed then there are greater chances that he will make wise decisions.

If a person studies economics, then he will learn how demand and supply affect things. For example, wages, availabilities of goods, price and gained benefits from the opportunities.

Learn More:

1.If you see someone in another boat raising and lowering their arms repeatedly, what is the first thing you should do?

2.Though the outcomes of Schenck and New York Times differed, what did these decisions have in common? The government has a heavy burden to prove harm. The government can limit speech that causes harm. The government has unlimited power to limit speech. The government must follow the first amendment.

Answer Details:

Grade: High School

Chapter: Decision making

Subject: Social Studies

Keywords:

economic decision, family, country, scarcity, unlimited wants, resources, economics, opportunities

Answer from: Quest

idk

Answer from: Quest

Fixing the errors and resubmitting it

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Every economic decision has?
only positive benefits.
gained opportunities.
unavoi...

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