I will mark first one to answer correctly WITH an explanation for each answer to each question.
Question 6
The fact that we cannot have everything we want is caused by...
A. scarcity
B. benefits
C. trade-offs
D. demand
Question 7
Which of the following forces us to make choices?
A. Scarcity
B. Trade-offs
C. Opportunity cost
D. Money
Question 8
When you make a choice, the experience from what would have been your second option is called...
A. trade-off
B. supply
C. demand
D. opportunity cost