If Society Decides It Wants More of One Good and All

question 88

Multiple Choice

If society decides it wants more of one good and all resources are fully utilized, then

• A)it is unable to do this unless technology advances.
• B)additional resource supplies will have to be found.
• C)it has to give up some of another good and incur some opportunity costs.
• D)more unemployment will occur.

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Definitions:

Concisely

In a manner that is brief but comprehensive and clear, using as few words as necessary.

Receiver's Perspective

Considering the point of view and understanding of the person who receives the communication.

Feedback

Information given to someone about their performance or work, intended to guide future improvements.

Nonverbal Responses

Reactions or feedback communicated without using spoken words, such as gestures, facial expressions, or physical movements.