When a Good Is Scarce

question 59

Multiple Choice

When a good is scarce,

• A) this indicates that producers are withholding output so they can raise the price of the good.
• B) some method must be used to allocate the good among users.
• C) price is one way to ration the good.
• D) both b and c are correct.
• E) all of the above are correct.

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Definitions:

Clearance Space

The minimum distance or space required for safety or accessibility between two objects or structures.

Wheelchair

A chair mounted on wheels, used by individuals who are unable to walk due to illness, injury, or disability.

ADA Guidelines

Standards developed by the Americans with Disabilities Act to ensure accessibility and accommodation for individuals with disabilities.

Accessibility Guidelines

Standards and practices designed to make spaces, services, and resources usable and approachable for individuals with disabilities.