Question
How does the amount of a resource affect the competition over it?
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The more common the resource is, the greater the competition.
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The rarer the resource is, the smaller the competition.
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The rarer the resource is, the greater the competition.
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The amount of a resource does not affect competition over it.
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The more common the resource is, the greater the competition.
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The rarer the resource is, the smaller the competition.
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The rarer the resource is, the greater the competition.
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The amount of a resource does not affect competition over it.
Answers
GPT-4o mini
The correct statement is:
**The rarer the resource is, the greater the competition.**
When a resource is scarce, more individuals or entities will vie for access to it, increasing competition. Conversely, if a resource is plentiful, competition tends to decrease as more people or organizations can access it without conflict.
**The rarer the resource is, the greater the competition.**
When a resource is scarce, more individuals or entities will vie for access to it, increasing competition. Conversely, if a resource is plentiful, competition tends to decrease as more people or organizations can access it without conflict.