Which of the following statements best represents the fact that I cannot put in extra hours of work because of scarcity?
A) I do not have enough time for additional work because I need to spend time with my family and there are only so many hours in the day.
B) I do not like going to work, so why would I work more than I have to?
C) I do not think that overtime pay is high enough.
D) I am worried that if I work extra hours, I will get bored with my job.
E) I do not want my coworkers to feel pressure to work more because I am working additional hours.

Question

Quizplus · Accepted Answer

Scarcity refers to limited resources or in this case limited time. Option A correctly identifies that there are only so many hours in the day and the individual cannot put in extra hours because they need to devote time to other important aspects of their life. The other options do not address scarcity or limited resources.

Which of the Following Statements Best Represents the Fact That