Question
What does "scarce resources" mean?
A. There are unlimited resources available.
B. There are no resources available.
C. There is a limit on the availability of resources.
D. It is impossible to allocate resources efficiently.
A. There are unlimited resources available.
B. There are no resources available.
C. There is a limit on the availability of resources.
D. It is impossible to allocate resources efficiently.
Answers
GPT-4o mini
C. There is a limit on the availability of resources.
"Scarce resources" refers to the situation where the resources available are insufficient to meet the demands for them, indicating that there is a limited supply.
"Scarce resources" refers to the situation where the resources available are insufficient to meet the demands for them, indicating that there is a limited supply.