Which of the Following Is Correct

question 31

Multiple Choice

Which of the following is correct?

• A)Scarcity forces choice which involves opportunity costs.
• B)Choice causes scarcity which involves increasing costs.
• C)Choice causes scarcity which involves opportunity costs.
• D)Scarcity forces choice which involves increasing costs.

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Definitions:

Laboriously

Performing tasks in a way that requires a great deal of effort, time, and diligence.

Negative Charismatics

refers to leaders who possess charisma that leads to negative outcomes or influences, often due to self-serving or unethical behaviors.

Narcissists

Individuals who have an excessive interest in or admiration of themselves, often lacking empathy for others.

Socialized Power

Power used by leaders for the benefit of others or the organization, rather than for personal gain, fostering community and organizational well-being.