Scarcity Arises Because

question 350

Multiple Choice

Scarcity arises because

• A) resources are finite and are inadequate to meet all human wants and needs.
• B) import taxes depress the rate of growth of goods and services production.
• C) international companies are slow to explore for new resources.
• D) many countries waste goods because of inefficient political systems.

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Definitions:

Facial Cues

Visual signals from the face that convey emotional states, intentions, or reactions to others.

Cultural Differences

The variation in the ways of life, beliefs, norms, and behaviors among different groups or societies.

Autonomic Arousal

The involuntary activation of the autonomic nervous system, leading to physical responses such as increased heart rate, sweating, or dilated pupils, commonly associated with emotions and stress.

Cognitive Interpretation

The mental process of assigning meaning to experiences, perceptions, and information, influencing one's reaction and understanding.