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Hanna,a University freshman,is about to go to her first exercise class.Hanna is concerned that she isn't wearing the right clothes and that everyone in the class will think that she is unfit and her body is unattractive.What would this phenomenon be described as?
Goods
Tangible products that are manufactured, bought, or sold, fulfilling the needs or desires of consumers.
Choices
The act of selecting between two or more possibilities or options in a decision-making process.
Rationing
Allocating a limited supply of a good or resource among people who would like to have more of it. When price performs the rationing function, the good or resource is allocated to those willing to give up the most “other things” in order to get it.
Scarcity
The essential economic dilemma revolves around the vastness of human aspirations contrasted with the limitations of available resources.
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