Scarcity Exists When

question 154

Multiple Choice

Scarcity exists when:

• A)making choices among two or more alternatives is not necessary.
• B)individuals can have more of any good without giving up anything.
• C)individuals can have more of one good but only by giving up something else.
• D)resources are unlimited.

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Definitions:

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration, essential for plant photosynthesis but a contributor to global warming when in excess.

Conchae

Curved bony projections inside the nasal cavity that help to filter, warm, and moisten air as it is inhaled.

Pandemic

An outbreak of a disease that occurs over a wide geographic area and affects an exceptionally high proportion of the population.

Hypoxia

A lack of oxygen.