The Scarcity Principle Tells Us ________, and the Cost-Benefit Principle

question 128

Multiple Choice

The Scarcity Principle tells us ________, and the Cost-Benefit Principle tells us ________.

• A)that choices must be made; how to make good choices
• B)that good choices eliminate scarcity; how to make good choices
• C)how to make choices; that choices must be made
• D)how to make good choices; that choices involve costs and benefits

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Definitions:

Subliminal Stimulation

Sensory stimulation below a person’s absolute threshold for conscious perception.

Ancient Greek

Relating to the language, culture, or history of Greece, particularly during the classical period before the Roman conquest.

Psychokinesis

A purported psychic ability allowing a person to influence a physical system without physical interaction.

Vocal Cords

Folds of tissue in the throat that vibrate and produce sound when air is expelled from the lungs, enabling speech.