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Using Glue to Replace Metal Fasteners in Electronics and Automotive

question 46

Multiple Choice

Using glue to replace metal fasteners in electronics and automotive products is an example of ____.


Definitions:

Scarcity

Occurs when the amount people desire exceeds the amount available at a zero price.

Choice

The act of selecting between two or more possibilities, often present in decision-making processes.

Economics

The study of how people use their scarce resources to satisfy their unlimited wants

Physical Capital

Manufactured items used to produce goods and services; includes new plants and new equipment.

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