If resources are limited:
A) People will rush to buy more goods than they would otherwise.
B) Businesses will sell more products than they would otherwise.
C) Choices that involve tradeoffs must be made.
D) All individuals are deprived of basic necessities.

Question

Quizplus · Accepted Answer

When resources are limited, individuals, businesses, and governments all have to make choices about how they will allocate those resources. These choices always involve tradeoffs - if one resource is used for one purpose, it cannot be used for another purpose. Therefore, the best choice is to make careful and informed decisions about how to use limited resources in the most efficient and effective way possible.

If Resources Are Limited