Examlex
Explain why a relative price is an opportunity cost.
Scarcity
The state of being in short supply; a situation where resources are insufficient to satisfy the needs or wants of individuals or societies.
Reactance
A psychological response that occurs when people feel their freedom to choose is being limited, prompting a motivation to regain that freedom.
Restricted Choices
A situation characterized by limited options or alternatives available for selection.
Ethical Resistance
The act of opposing actions or decisions that violate moral principles or codes of conduct.
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