A Good or Service Becomes Scarcer Over Time If

question 69

Multiple Choice

A good or service becomes scarcer over time if

• A) the difference between quantities demanded and supplied at a zero price decreases.
• B) the excess of the quantity demanded over the quantity supplied at a zero price increases.
• C) the economy is capable of producing more goods and services.
• D) people begin to reduce their requirements for the goods and services that are actually available.
• E) the amount of a good available equals the amount desired.

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Definitions:

Abbreviated Order

A shortened or condensed command or directive, often used in contexts where speed or brevity is required.

Physician Writes

Refers to the activity of doctors issuing prescriptions, medical reports, or notes regarding a patient’s health or treatment.

Charting Error

A mistake or inaccuracy in the medical records of patients, potentially impacting patient care.

Black Ballpoint Pen

A writing instrument with a ball tip and black ink used for writing or drawing.