Just as Resources Are Scarce for the Individual

question 160

Multiple Choice

Just as resources are scarce for the individual,

• A)they are also scarce for the economy as a whole
• B)they are never scarce for the economy as a whole
• C)they are randomly abundant for other individuals
• D)there will be zero resources available for the economy as a whole
• E)the economy a whole is never faced with having to make rational choices about using resources

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Definitions:

Extraneous Solutions

Extraneous solutions are solutions that arise in the process of solving an equation but do not satisfy the original equation.

Equation

An affirmation in mathematics that posits the equality of two different expressions.

Directly

Directly refers to a manner of action or occurrence that happens without any intervening factors or steps.

Square

A mathematical operation involving multiplying a number by itself, or a geometric figure with four equal sides and four right angles.