Scarcity Would Cease to Exist as an Economic Problem If

question 95

Multiple Choice

Scarcity would cease to exist as an economic problem if:

• A)​we learned to cooperate and not compete with each other.
• B)​there were new discoveries of an abundance of natural resources.
• C)​output per worker increased.
• D)​none of the above.

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Definitions:

Burden of Proof

The obligation to prove one's assertion.

Positive Claim

An assertion that something exists or is true, especially one without proof.

Equivocation

The misleading use of a word with more than one meaning or sense, causing an argument to appear logical when it is not.

Shifting Meaning

A logical fallacy that occurs when the meaning of a term or phrase changes in the course of an argument.