Question
Which phrase best defines scarcity?
(1 point)
(1 point)
Answers
GPT 3.5
a. not having enough resources to satisfy all wants and needs
b. limited quantities of goods and services available
c. a situation in which there are not enough resources to produce all the goods and services that people want
d. all of the above
b. limited quantities of goods and services available
c. a situation in which there are not enough resources to produce all the goods and services that people want
d. all of the above