Scarcity Results from the Fact That

question 88

Multiple Choice

Scarcity results from the fact that

• A) not all goals are desirable.
• B) we cannot answer the major economic questions.
• C) choices made in self-interest are not always in the social interest.
• D) the population keeps growing.
• E) people's wants exceed the resources available to satisfy them

---

Definitions:

Plant Capacity

The maximum output or producing ability of a facility, production plant, or machine.

Oxygen Constraint

A limitation in a process or environment where the availability of oxygen is a critical factor.

Disinfectants

Chemical agents used to destroy or inhibit the growth of harmful organisms, especially in cleaning products.

Hydrogen

The lightest and most abundant element in the universe, consisting of one proton and one electron, widely used in chemical processes and as a potential clean fuel source.