If a resource is always available when needed, then it
A)will be more expensive than other resources.
B)is not scarce.
C)has a high opportunity cost.
D)it must be valuable.
E)is scarce.

Question

Quizplus · Accepted Answer

If a resource is always available when needed, then it is not scarce. Scarce resources are limited in availability and therefore have a higher opportunity cost. Valuable resources may or may not be scarce. However, the fact that a resource is always available does not necessarily make it more expensive than other resources.

If a Resource Is Always Available When Needed, Then It