The Society Must Also Make Choices Under Conditions of Scarcity

question 112

Multiple Choice

The society must also make choices under conditions of scarcity.This problem arises from the fact that:

• A)society's wants are limited but the resources are not.
• B)resources are scarce relative to society's wants.
• C)societies behave only in their self-interest.
• D)society's wants and resources are both unlimited.