Which of the Following Sets of Terms Describes the Problem

question 92

Multiple Choice

Which of the following sets of terms describes the problem of scarcity in economics?

• A) Goods, land, and needs
• B) Labor, needs, and opportunity costs
• C) Choices, opportunity costs, and trade-offs
• D) Production, consumption, and wants

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Definitions:

Cold and Distant

Describing someone as cold and distant means they are emotionally unresponsive, unfriendly, and tend to keep others at a distance.

Punishment

The process by which a behavior is weakened, decreasing the likelihood of repetition.

Permissive

A parenting or authoritative style characterized by low demands with high responsiveness.

Set Rules

Established and defined guidelines or principles designed to control behavior or operations in specific contexts.