Which statement correctly connects scarcity, choice and opportunity cost?

Type: MCQ • Marks: 1

A. Opportunity cost creates unlimited resources

B. Scarcity eliminates choice

C. Choice eliminates opportunity cost

D. Scarcity creates the need for choice, and choice creates opportunity cost

Explanation

Explanation: Limited resources force choices, and choosing one alternative means giving up another.

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Class 9th Understanding Society India and Beyond, Part I

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