Which of the Following Resources Is Least Likely to Meet

question 74

Multiple Choice

Which of the following resources is least likely to meet the definition of scarcity?

• A)whales
• B)air
• C)ice-cream
• D)computers

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Definitions:

Labor Unemployment

A situation where individuals who are willing and able to work are unable to find employment, often measured by the unemployment rate.

Employment Discrimination

Unfair treatment of employees or job applicants based on race, age, gender, religion, national origin, physical or mental disability, or sexual orientation, among other factors.

Underemployment

Failure to use our resources efficiently. A situation in which workers are employed in positions requiring less skill and education than they have or other resources are not employed in their most productive use.

Opportunity Cost

Loss of potential earnings from different choices when one is picked.