Goods and Services Are Scarce Because

question 131

Multiple Choice

Goods and services are scarce because:

• A)people are greedy.
• B)they are produced using scarce resources.
• C)firms keep production low in order to earn higher profits.
• D)they are produced by firms that seek profits.
• E)the government wants to maintain its power over the economy.

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Definitions:

Mental Health Professions

A cluster of professions in the health care sector focusing on the diagnosis, treatment, and prevention of mental health disorders and the promotion of psychological well-being.

Social Work

A professional field focused on helping individuals, families, and communities to cope with and solve social problems.

Female Psychiatrists

Psychiatrists who identify as female; professionals in the field of psychiatry that diagnose and treat mental health disorders.

Social Media Sites

digital platforms that facilitate the creation and sharing of information, ideas, personal messages, and other content via networks and virtual communities.