The Students' Union on campus provides free popcorn to all students who attend their annual meeting. In this instance, how will the principle of scarcity apply?
A) It will only apply to students who miss class to attend.
B) It will apply in terms of the time given up to attend.
C) It will not apply because the popcorn is free.
D) It will not apply because no tradeoffs are involved.
Correct Answer:
Verified
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