Scarcity Is Caused by

question 236

Multiple Choice

Scarcity is caused by

• A) unlimited wants running up against limited economic resources.
• B) a company's slow production speed.
• C) an individual's budget that is insufficient to cover the expenses of certain goods or services.
• D) shortages.

Identify lifestyle and environmental factors that can impact pregnancy outcomes.

Understand the importance of immunizations and screenings in preventing disease transmission from mother to child.

Describe the potential impact of delayed childbirth on fertility and pregnancy outcomes.

Understand the conceptual differences and similarities between defensive pessimists and optimists.

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Definitions:

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision.

Representativeness Heuristic

A cognitive shortcut that involves judging the probability of an event by its similarity to a prototype, potentially leading to errors in judgment.

Fundamental Attribution Error

The tendency for observers to underestimate situational influences and overestimate personal characteristics when explaining others' behaviors.

Cognitive Rehearsal

A psychological technique involving the repeated mental practice of a desired behavior or response to improve real-life performance.