A Typical Economic Good Has Which One of the Following

question 73

Multiple Choice

A typical economic good has which one of the following characteristics?

• A) The desired quantity exceeds the quantity available at a zero price.
• B) The quantity available exceeds the desired quantity at a zero price.
• C) It uses no resources to produce.
• D) It is never scarce.

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Definitions:

Bicultural Stress

Stress experienced by many ethnic-minority and immigrant adolescents as they negotiate two cultures simultaneously.

Ethnic-minority

A group within a community that possesses unique cultural, religious, or linguistic characteristics differing from the majority population.

Immigrant Adolescents

Young individuals in the transitional stage from childhood to adulthood, who have migrated from their country of origin to another country, facing unique developmental challenges.

Self-efficacy

One's belief in their own ability to succeed in specific situations or accomplish a task.