Scarcity forces people to A) cheat and steal. B) consume as ...

[penguins]

Scarcity forces people to
 
  A) cheat and steal.
  B) consume as much as they can as quickly as they can.
  C) choose among available alternatives.
  D) live at a low standard of living.
  E) be unwilling to help others.

Question 2

Figure 4.2 illustrates the supply and demand for t-shirts. If the actual price of t-shirts is 15, there is an
 
  A) excess supply of 10 t-shirts. B) excess supply of 8 t-shirts.
  C) excess demand of 8 t-shirts. D) excess demand of 10 t-shirts.

[joanwhite]

Answer to Question 1

C

Answer to Question 2

B

[penguins]

Thank you

[joanwhite]

No problemo