The Scarcity Principle Tells Us That __________, and the Cost-Benefit

question 71

Multiple Choice

The scarcity principle tells us that __________, and the cost-benefit principle tells us __________.

• A) choices must be made; how to make the choices
• B) choices must be made; that the costs can never outweigh the benefits of the choices
• C) rare goods are expensive; that the costs should outweigh the benefits of the choices
• D) rare goods are expensive; that the costs can never outweigh the benefits of the choices

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Definitions:

Dissolved Ozone

Ozone that is dissolved in water, used as a disinfectant for treating drinking water or in swimming pools to kill bacteria and other microorganisms.

Aquatic Ecosystems

Water-based environments, including oceans, rivers, lakes, and wetlands, where plants and animals interact within a hydrological system.

Limiting Factor

An environmental condition that limits the growth, abundance, or distribution of an organism or a population of organisms in an ecosystem.

Ecological Region

A geographically distinct area with characteristic flora, fauna, and environmental conditions, often defined by natural boundaries.