Which of the Following Would NOT Be True in a World

question 112

Multiple Choice

Which of the following would NOT be true in a world without scarcity?

• A)There would be no need for the science of economics.
• B)Everyone would have all the goods and services they wanted.
• C)There would have to be an infinite supply of every resource.
• D)There would be opportunity costs.

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Definitions:

Child Rearing

The process and methods used by parents and caregivers to support and guide a child's development.

Primacy

The principle that items or information presented first are usually remembered better than items presented later.

Genetic Factors

Elements of an individual's DNA that influence their physical attributes, behaviors, and susceptibility to certain diseases.

Parental Effect

The influence that parents have on the development, behavior, and personality of their children, often studied in psychology and behavioral genetics.