You Notice That When a New Yoga Class Is Offered

question 35

Multiple Choice

You notice that when a new yoga class is offered at the student recreation center at a highly desirable time, some students from the other yoga classes go to the new class instead. This statement best represents this economic concept:

• A)Resources are scarce.
• B)The real cost of something is what you must give up to get it.
• C)People usually exploit opportunities to make themselves better off.
• D)Marginal analysis.

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Definitions:

Political Activity

Participation in activities aimed at influencing public policy and government decisions, including voting, campaigning, and lobbying.

Government

The system or organization through which a community, state, or nation is governed, responsible for creating and enforcing laws, policies, and regulations.

Peace And Security

A concept referring to the protection and preservation of a state's or region's stability and safety from conflict and violence.

Liberty

The state of being free within society from oppressive restrictions imposed by authority on one's way of life, behavior, or political views.