Because resources are scarce,individuals are required to
A)make choices among alternatives.
B)use resources inefficiently.
C)sacrifice production but not consumption.
D)improve distribution but not production.
E)improve production but not distribution.

Question

Quizplus · Accepted Answer

Scarcity necessitates that individuals make choices among alternative uses of resources, as they cannot have access to every resource they want. This involves choosing which resources to allocate towards certain goals or needs, and often requires individuals to forego other desired outcomes.

Because Resources Are Scarce,individuals Are Required to