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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Definitions:

Electric Shocks

Sudden discharges of electricity through a part of the body, often used for experimental, therapeutic, or punitive purposes.

Learned Helplessness

A condition in which a person or animal learns to behave helplessly, failing to respond even though there are opportunities for them to help themselves by avoiding unpleasant situations or by gaining positive rewards.

Internal Locus

The belief that one's actions are primarily controlled by personal decisions and efforts rather than external factors.

Type A Personality

A temperament characterized by excessive ambition, aggression, competitiveness, drive, impatience, need for control, focus on quantity over quality and unrealistic sense of urgency.