Scarcity Exists When

question 40

Multiple Choice

Scarcity exists when:

• A) a choice must be made among two or more alternatives.
• B) we face the notion of "all other things unchanged."
• C) countries and people find themselves facing poverty.
• D) the notions of normative economics come into play.

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Definitions:

Social Constructionism

A theory that posits knowledge and many aspects of the world around us are not inherently part of reality but are instead constructed by society.

Transsexuality

A condition in which an individual identifies with a gender different from the one assigned at birth, sometimes seeking to transition through medical interventions.

Intersex

Used to describe a person whose chromosomes or sex characteristics are neither exclusively male nor exclusively female.

Surgical "Fix"

A term often used to describe a medical surgery seen as a solution to correct or treat a perceived problem or condition.