Scarcity Exists Because

question 7

Multiple Choice

Scarcity exists because:

• A) individuals cannot solve the three central coordination problems.
• B) governments cannot solve the three central coordination problems.
• C) the supply of goods is always less than the demand.
• D) new wants continue to develop and willingness to meet them is limited.

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Definitions:

Lack of Control

The inability to influence one’s environment or outcome, often leading to feelings of helplessness or stress.

Dialectical Behavior Therapy

A type of cognitive-behavioral therapy designed particularly to treat borderline personality disorder, involving acceptance and change-oriented strategies.

Mindfulness

A mental state achieved by focusing one's awareness on the present moment, while calmly acknowledging and accepting one's feelings, thoughts, and bodily sensations.

Distress Tolerance

The ability or capacity to endure emotional discomfort or pain without attempting to escape or avoid it.