Given That Resources Are Scarce

question 151

Multiple Choice

Given that resources are scarce,

• A) A "free lunch" is possible, but only for a limited number of people.
• B) Opportunity costs are experienced whenever choices are made.
• C) Poor countries must make choices, but rich countries with abundant resources do not have to make choices.
• D) Some choices involve opportunity costs while other choices do not. Any choice requires us to give something up.

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Definitions:

Smooth ER

The smooth endoplasmic reticulum, a membrane-bound organelle involved in lipid synthesis, metabolism, and detoxification processes in cells.

Nucleolus

A small, dense structure within the nucleus of a cell, primarily involved in the production and assembly of ribosomes.

Ribosome

Small, spherical, cytoplasmic organelle where protein synthesis occurs.

Chromosome

A structure made of DNA and proteins that contains the genetic information of a cell.