Which of the Following Is the Best Example of Scarcity

question 407

Multiple Choice

Which of the following is the best example of scarcity?

• A)The Talking Teddy is a surprise holiday hit, resulting in long lines of consumers trying to purchase the limited number of available Teddies.
• B)Fred only gets a 10-hour lunch break and each day must decide between working out at the gym or socializing with his colleagues.
• C)The local market's buy-one-get-one-free sale on strawberries results in more people wanting the berries than producers are able and willing to supply.
• D)There is a bumper crop of strawberries, and stores have more berries than they can sell.

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Definitions:

Equity Cost Of Capital

The rate of return that shareholders require on the equity or ownership interest they have in a company, used in evaluating investments and capital projects.

Firm's Equity

The value of a company's assets minus its liabilities and obligations, representing the ownership stake of the company's shareholders.

Good News

Information or updates that are positively received by stakeholders, potentially leading to an increase in stock price or improvement in business prospects.