When someone says resources are scarce,this suggests that:
A)lower-income individuals must be especially careful about the choices they make.
B)choices must be made to utilize resources in the best manner possible.
C)additional resources could be found if there were additional funds allocated to the effort.
D)we have enough resources to meet all of our needs and wants.

Question

Quizplus · Accepted Answer

When resources are scarce, it means that there are limited quantities of resources available to fulfill all the needs and wants. As a result, choices need to be made on how to utilize these resources in the most effective and efficient manner possible. This could include prioritizing certain uses of resources over others or finding ways to reduce waste and increase productivity. Lower-income individuals may need to be especially careful in their choices, but this applies to everyone irrespective of their income level. There is also no guarantee that additional funds will lead to additional resources being available, as the availability of resources is not solely determined by financial resources. Therefore, option B is the best choice.

When Someone Says Resources Are Scarce,this Suggests That