Which of the following is NOT a scarce resource?
A) Gold
B) Pollution
C) Petroleum
D) iPhones

Question

Quizplus · Accepted Answer

Pollution is actually an unwanted byproduct that results from production and consumption activities rather than being a resource. It is not scarce as it is continuously being created and needs to be eliminated or minimized. On the other hand, gold, petroleum, and iPhones are all scarce resources that are limited in supply and have a high value.

Which of the Following Is NOT a Scarce Resource