Marginal benefits are to decision-making as scarcity is to ?

Marginal benefits are the extra advantages you gain from making a specific choice, like studying one more hour for an exam. Scarcity, on the other hand, refers to the limited resources we have, such as time or money, which affects our decisions. Just like we weigh the marginal benefits of studying longer against the time we have, scarcity forces us to prioritize what is most important. For example, if you only have two hours to study but have three subjects to cover, you need to decide which subject will give you the most benefit for your limited time. In this way, scarcity guides your decision-making process, just like marginal benefits help you choose the best options available.