Forest is a mountain man living in complete isolation in the Yukon. He is self-sufficient. through hunting, fishing, and farming. He has not been in the city to buy anything in five years. Therefore:
A) the scarcity problem does not apply to Forest.
B) Forest is not required to make choices.
C) the scarcity problem still applies because more hunting means less fishing and so on.
D) Forest is very satisfied.

Question

Quizplus · Accepted Answer

The scarcity problem applies to everyone, including Forest, because resources are limited, and choosing one activity (like hunting) over another (like fishing) involves opportunity costs, indicating that he must make choices based on the scarcity of his time and resources.

Forest Is a Mountain Man Living in Complete Isolation in the Yukon