Author Question: Scarcity implies that people must A) be miserable. B) be selfish. C) make choices. D) not be ... (Read 100 times)

kaid0807 · **on:** Jun 29, 2018

Scarcity implies that people must

A) be miserable.
B) be selfish.
C) make choices.
D) not be selfish.

Question 2

In 2006, hurricanes damaged many parts of Texas, destroying homes, businesses, schools, and infrastructure. In strictly economic terminology, these hurricanes are said to have caused

A) scarcity, because the damages made food and shelter scarce.
B) scarcity, because some goods were difficult to get.
C) shortages, because supplies were cut off and goods were destroyed.
D) tradeoffs, because some areas of the country were damaged when others were not.