Benny has one hour before bedtime and he can either watch TV or listen to his new Korn CD. He chooses to listen to the CD. The scarcity problem's influence on Benny is seen in:
A) a the decision to listen to music.
B) the decision not to watch TV.
C) the fixed amount of time before bed.
D) the decision to choose between TV and music.

Question

Quizplus · Accepted Answer

The scarcity problem is illustrated by the limited resource, which in Benny's case is the fixed amount of time (one hour) before bed. This scarcity forces him to make a choice between two alternatives.

Benny Has One Hour Before Bedtime and He Can Either