Multiple Choice
As a consequence of the problem of scarcity,
A) there is never enough of anything.
B) individuals have to make choices from among alternatives.
C) only some people can "have it all."
D) things which are plentiful have relatively high prices.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q14: The lower the consumer's income, the higher
Q61: If a nation produces more consumer goods
Q63: Answer the question on the basis of
Q64: If the equation y = 15 -
Q65: The issues of inflation, unemployment, and business
Q67: If we say that two variables are
Q68: (Last Word) A caller to a radio
Q69: The process of producing and accumulating capital
Q70: The budget line shows the various incomes
Q71: If a positive relationship exists between x