Scarcity and Opportunity Cost | Economics Explained
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YouTubeFederal Reserve Bank of St. Louis
Scarcity and Opportunity Cost | Economics Explained
What is scarcity? What is opportunity cost? This video explains economic concepts such as scarcity and opportunity cost and how they lead to making financial choices. Interested in learning more? Visit our website for more economics lessons and resources: https://www.federalreserveeducation.org/teaching-resources/economics/scarcity/scarcity ...
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