Scarcity means we must
A)work more.
B)make choices.
C)earn more.
D)consume less.
E)produce less.

Name: Scarcity means we must A)work more. B)make choices. C)earn more. D)consume less. E)produce less.
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Question

Quizplus · Accepted Answer

Scarcity refers to limited resources and unlimited wants. As a result, we need to make choices to allocate these limited resources among the competing needs and wants. Hence, the best choice in this scenario is B - make choices.

Scarcity Means We Must