The Scarcity Principle Indicates That

question 96

Multiple Choice

The scarcity principle indicates that:

• A) no matter how much one has, it is never enough.
• B) compared to 100 years ago, individuals have less time today.
• C) with limited resources, having more of "this" means having less of "that".
• D) because tradeoffs must be made, resources are therefore scarce.

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