Scarcity Is a Situation in Which

question 28

Multiple Choice

Scarcity is a situation in which

• A) most people can get only bare necessities.
• B) people cannot satisfy all their wants.
• C) people can satisfy all their wants.
• D) some people can get all they want and some cannot.

---

Definitions:

Long-term Financing

Funding obtained for a time frame exceeding one year, used for acquiring assets, structuring mergers or acquisitions, and supporting expansive business activity.

Flotation Costs

The complete expenses a company faces while issuing new securities, such as fees for underwriting, legal matters, and registration.

Cash Flows

The total amount of money being transferred into and out of a business, particularly considered when assessing its liquidity.

Cash Budget

An estimation of the cash inflows and outflows for a business or individual for a specific period, used for managing liquidity and financial planning.