The Fundamental Problem of Economics Is

question 49

Multiple Choice

The fundamental problem of economics is

• A) The law of increasing opportunity costs.
• B) The scarcity of resources relative to human wants.
• C) How to get government to operate efficiently.
• D) How to create employment for everyone. Wants will always exceed resources.

---

Definitions:

Poly(Tetrafluoroethylene)

A synthetic polymer known for its exceptional chemical resistance and used in non-stick coatings, commonly called Teflon.

Teflon

A synthetic fluoropolymer of tetrafluoroethylene known for its non-stick properties and used in a wide variety of applications, including cookware coatings.

(Z)-4-Bromo-3-Heptene

A type of alkene with a bromo substituent positioned on the fourth carbon atom in a Z (cis) configuration relative to a double bond.

IUPAC Name

The systematic naming convention for chemical substances designed by the International Union of Pure and Applied Chemistry.