Which Scenario Describes Studying for an Economics Course WITHOUT Applying

question 9

Multiple Choice

Which scenario describes studying for an economics course WITHOUT applying the scarcity principle?

• A) I study two hours for every one hour I am in the classroom.
• B) I study three afternoons a week until I understand the material or until dinner, whichever comes first.
• C) I study with my roommate, who is also taking the course, and we discuss economic concepts during any free time we can find.
• D) I study for this course and do nothing else.
• E) I talk to an economist whenever I have a chance to do so.

---

Definitions:

Current

Pertaining to the present time or most recent; also refers to assets and liabilities expected to be used or paid within a year.

Annual Sales

The total revenue generated from sales of goods or services by a company in one fiscal year.

Product Line

A group of related products marketed under a single brand name by the same company.

Projected

Refers to estimates or forecasts of future financial outcomes, performance, or trends based on current data and analysis.