A Resource Is Not Scarce If

question 97

Multiple Choice

A resource is not scarce if

• A)there is more of this resource than people want.
• B)it can be found in any store.
• C)people have enough money to pay for it.
• D)it has a low opportunity cost.
• E)its supply exceeds its demand.

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Definitions:

Vygotsky's Theory

A theory in psychology proposed by Lev Vygotsky, which emphasizes the fundamental role of social interaction in the development of cognition.

Bronfenbrenner's

Refers to the ecological systems theory proposed by Urie Bronfenbrenner, which emphasizes the importance of different environmental systems in human development.

Bandura's

Relates to the theories of Albert Bandura, particularly his work on social learning theory, which suggests that people learn behaviors, morals, and values through observing others.

Piaget's

Pertaining to the developmental theory proposed by Jean Piaget, focusing on how children acquire knowledge and their ability to think and reason.