A Good or Service Is Considered Scarce If

Multiple Choice

A good or service is considered scarce if

A) any quantity of it can be consumed at a zero price
B) the amount people desire exceeds the amount available at a zero price
C) the amount people desire exceeds the amount available at any price
D) the amount people desire is less than the amount available at any price
E) the amount people desire is less than the amount available at a zero price