Which of the Following Is a Problem Created by Scarcity

question 17

Multiple Choice

Which of the following is a problem created by scarcity?

• A) The college course you need to take in the fall is only offered at times that conflict with your work schedule.
• B) The White House eliminates tours for the public due to budget constraints.
• C) Your cell phone battery is low and you decline a phone call from a friend to conserve energy.
• D) All of these are problems created by scarcity.

---

Definitions:

Similar Product

A product that has characteristics or features that are alike when compared to another product.

RFP

Request for Proposal, a document issued by an organization seeking to procure a service or product, inviting suppliers to submit a proposal on the specifics of the stated requirement.

Distance Learning Technology

Technologies designed to facilitate learning for students who are not physically present in a traditional educational setting.

Buying Center

A team within a company that is in charge of deciding what to buy.