How Does Scarcity Affect the Range of Possible Choices That

question 56

Multiple Choice

How does scarcity affect the range of possible choices that decision makers face?

• A)It narrows the choice to a single option.
• B)It narrows the range of choices.
• C)It increases the possible methods for solving problems.
• D)It clarifies the choices by highlighting the best solutions.
• E)It simplifies the choices and therefore widens the range.

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Definitions:

Critical Thinking

The intellectual process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and evaluating information to reach a conclusion.

Introspection

The inspection or study of one's own psychological and emotional states.

Critical Thinking

The process of analyzing and evaluating information or arguments in a disciplined and reflective manner to arrive at a reasoned judgment.

Emergent Thinking

The process of developing unique patterns of thought or solutions that arise from the interaction and synergy of simpler components.