Scarcity Exists Because

question 69

Multiple Choice

Scarcity exists because

• A) human wants exceed the resources available to satisfy them.
• B) some individuals have low income.
• C) the costs of production are high.
• D) some people make bad economic decisions.
• E) people take too much leisure time.

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Definitions:

Column Headings

The titles or labels used at the top of each column in tables or spreadsheets to describe the data contained within the column.

COUNT Aggregate Function

A function in SQL that returns the number of items in a group, often used in queries to count the number of records that match certain criteria.

Query Design View

A graphical interface in database software that allows users to design or modify queries by visually arranging tables and setting criteria.

Values

Represents the data encoded within variables or constants in programming and computing contexts.