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Unit 1: Economics of the Market
Unit 2: UK Economic Activity
Unit 3: Global Economic Activity
Data for Applied Economists

Explain the ways scarcity affects the choices made by Firms

Block Type

Knowledge Checkpoint

Knowledge checkpoint: Answer these actual Higher Economics exam questions:

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Explain the ways scarcity affects the choices made by Firms (2 marks)

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Explain the ways scarcity affects the choices made by Governments (2 marks)

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