Consumers Choice Store Accepts a Shipment of EZ2U-Brand Tablets from Digital

question 7

Multiple Choice

Consumers Choice store accepts a shipment of EZ2U-brand tablets from Digital Devices, Inc. Consumers Choice later discovers a defect in the tablets, revokes acceptance, and returns the tablets via GoBack, Inc. During the return, the tablets are lost. The loss is suffered by

• A) ​Consumers Choice.
• B) ​Digital Devices.
• C) ​GoBack.
• D) ​Consumers Choice's customers by an increase in prices of other goods.

---

Definitions:

Scarcity

The fundamental economic problem of having seemingly unlimited human wants in a world with limited resources.

Society

Society refers to a group of individuals living together in a more or less ordered community, sharing common traditions, institutions, and values.

Scarcity

The basic challenge in economics of limitless human desires within a finite resource environment.

Economic Principle

Fundamental theories or laws that underpin the operation of economies and inform decision-making.