Which term describes the choices that people must make to meet their wants and needs?
(1 point)
Responses
supply
supply
demand
demand
opportunity cost
opportunity cost
producers
5 answers
opportunity cost
is rthat correct
Yes, that is correct. The term that describes the choices that people must make to meet their wants and needs is "opportunity cost."
One disadvantage to using a primary source, such as a letter or diary is
that it may lack objectivity or provide a biased perspective.