To Say That Something Is Scarce Means That

question 47

Multiple Choice

To say that something is scarce means that:

• A)it is no longer available in stores.
• B)it must be conserved at any cost.
• C)even the government cannot supply it.
• D)sufficient amounts of it available only at a zero price.
• E)not enough is available to satisfy people's wants at a zero price.

---

Definitions:

HR Policies

The formal rules and guidelines that govern the management of human resources in an organization, including hiring, training, assessment, and benefits.

Unions Influence

The impact that labor unions have on negotiations, working conditions, wages, and benefits for their members.

Labour Law

The body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on, working people and their organizations.

Manager

A person responsible for controlling or administering an organization or group of staff.