Scarcity Implies That

question 112

Multiple Choice

Scarcity implies that

• A) people should limit their wants, since shortages exist.
• B) firms should be more efficient when producing goods.
• C) people must make choices.
• D) nonrenewable resources should never be used.

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Definitions:

Troublemakers

Individuals who cause conflicts or problems within a group or organization.

Power Struggle

A situation where two or more parties compete for control or influence over others or situations.

Communication Effective

The ability to convey information to others successfully and efficiently. (Rephrased Definition)

Facilitator

An individual who helps a group improve its process and productivity by effectively guiding and managing discussions and decisions.