Which of the Following Is the Best Example of Scarcity

question 407

Multiple Choice

Which of the following is the best example of scarcity?

• A)The Talking Teddy is a surprise holiday hit, resulting in long lines of consumers trying to purchase the limited number of available Teddies.
• B)Fred only gets a 10-hour lunch break and each day must decide between working out at the gym or socializing with his colleagues.
• C)The local market's buy-one-get-one-free sale on strawberries results in more people wanting the berries than producers are able and willing to supply.
• D)There is a bumper crop of strawberries, and stores have more berries than they can sell.

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Definitions:

Insomnia

A sleep disorder that is characterized by difficulty falling and/or staying asleep.

Neurons

are nerve cells that are the basic building blocks of the nervous system, responsible for transmitting information throughout the body.

Direct Inner Awareness

The conscious experience or perception of one's own thoughts, feelings, and sensations without the need for external stimuli.

Selective Attention

The cognitive process of focusing on one specific aspect of the environment while ignoring other stimuli.