Match each economic scenario or description on the left with its corresponding foundational concept of scarcity and choice on the right.
- A household arranges its list of unsatisfied wants in decreasing order of priority to guide spending under a fixed income.Scale of Preference
- A state government selects a coastal highway construction project over a rural electrification scheme because public revenue is insufficient for both.Economic Choice
- The specific real alternative that a worker gives up in order to accept a full-time university scholarship.Real Cost (Opportunity Cost)
- The universal condition where available economic resources are inadequate to satisfy all human desires.Scarcity
Cevap
The household listing wants by priority matches Scale of Preference; the government selecting one project over another matches Economic Choice; the foregone alternative worker sacrifice matches Real Cost (Opportunity Cost); and limited resources relative to unlimited desires matches Scarcity.
Each economic scenario corresponds precisely to its core foundational concept: listing unsatisfied wants by importance forms a scale of preference; selecting between mutually exclusive options due to resource limits demonstrates economic choice; the foregone alternative represents real cost (opportunity cost); and the fundamental imbalance between finite resources and infinite desires defines scarcity.
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Anahtar Kavram
Interrelationship among Scarcity, Choice, Scale of Preference, and Opportunity Cost