A Good or Service Is Said to Be Scarce When

question 42

Multiple Choice

A good or service is said to be scarce when:

• A)its price is too low.
• B)it is offered only to high income earners.
• C)no one wishes to purchase it.
• D)it cannot be transported easily.
• E)at a price of zero,there will not be enough to satisfy everyone's desire for it.

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Definitions:

Acute Diarrhea

A sudden onset of frequent, watery bowel movements that can result from infection, allergy, or other causes, often resolving within a few days.

Giardia Lamblia

A parasitic microorganism that causes giardiasis, which is characterized by diarrhea and abdominal discomfort.

Hypertonic Dehydration

A condition where the body loses water more quickly than salt, leading to high sodium levels in the blood and potential cell shrinkage.

Electrolyte Loss

The depletion of vital minerals in the body, such as sodium, potassium, and calcium, which can disrupt bodily functions.