“Economics is the study of how humans make choices under conditions of scarcity.”

“Economics is the study of how humans make choices under conditions of scarcity.” Critically examine the statement with suitable examples.

Support your submission with course material concepts, principles, and theories from the textbook, along with at least two scholarly, peer-reviewed journal articles. PLAGIARISM WILL NOT BE TOLARATED
Write at least 2 pages in length
Textbook Economics Principles, Applications, and Tools NINTH EDITION
Follow APA guidelines

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