Introduction to Economics 1 Deneme Sınavı Sorusu #716177
In which of the following is the meaning of scarcity given?
|
The resources that we can use to fully satisfy our needs and desires |
|
Society’s inability to produce all the goods and services people desire to have due to resource limitations |
|
Societies’ decisions on their priorities and managing their resources accordingly with the priorities they set |
|
All goods and services sufficient to make them available to everyone for free |
|
A technique which analyzes how individuals and societies decide on their priorities |
The resources that we can use to satisfy our needs and desires are available only in limited quantities. They fall short of the amounts required to fully satisfy all our needs and desires. This is true not only for individuals but also for all societies. Scarcity refers to society’s inability to produce all the goods and services people desire to have due to resource limitations. The correct answer is B.
Yorumlar
- 0 Yorum