Question

multiple choice question individuals and businesses must choose between the different uses for their available resources. this is called ____ resources and is due to the concept of ____. producing; scarcity exchanging; opportunity cost scarcity of; production allocating; scarcity

Explanation:

The act of choosing between different uses for available resources is resource allocation, and this necessity arises because resources are limited (scarcity), which is a core concept in economics.

Answer:

O allocating; scarcity