Scarcity Forces People To

question 80

Multiple Choice

Scarcity forces people to:

• A) cheat and steal.
• B) choose among the available alternatives.
• C) be unwilling to help others.
• D) live at a low standard of living.
• E) consume as much as they can as quickly as they can.

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Definitions:

Drugstores

Retail establishments that sell medications and other health-related products.

Service Retailer

is a type of retailer that primarily sells services rather than tangible products, such as salons, repair shops, and fitness centers.

Oil Change

A routine maintenance service for vehicles involving the replacement of the engine's oil and oil filter to ensure proper engine function.

Off-price Retailers

Stores that sell brand name and designer merchandise at lower prices than traditional retail outlets by taking advantage of overstock, last season's products, or bulk buying.