Which of the Following Is True

question 78

Multiple Choice

Which of the following is true?

• A)​Even intangible goods can be subjected to economic analysis.
• B)​Wealthy individuals who decide to donate money to charity face the constraints of scarcity.
• C)​Increases in production would not enable us to eliminate scarcity.
• D)​All of the above

---

Definitions:

ISM

Institute for Supply Management; an organization that produces research and standards in the field of supply management.

APICS

APICS stands for the Association for Supply Chain Management, a professional association for supply chain management and logistics professionals, offering certification programs and training.

PMI

The Project Management Institute, a professional organization for project management providing best practices, certifications, and education.

Fiscal Year-End

The completion of a one-year, or 12-month, accounting period that businesses use for financial reporting and budgeting.