Scarcity

question 159

Multiple Choice

Scarcity:

• A)exists only in command economies.
• B)exists only in market economies.
• C)will likely disappear as technology advances sufficiently.
• D)exists only in economies in which there is poverty.
• E)None of the answers are correct.

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Definitions:

Iron

A metallic element (Fe), crucial for biological processes and used in making steel and other alloys.

Canines

Sharp, pointed teeth located towards the front of an animal's mouth, used primarily for tearing food.

Incisors

The sharp, chisel-shaped front teeth that are used for cutting food. In humans, there are four incisors in each jaw.

Large Intestine

The large intestine is the final section of the gastrointestinal tract, responsible for water absorption and the formation of feces.