QUESTION IMAGE
Question
select the correct answer.
which statement is true?
a. inexhaustible resources are limited.
b. only tangible goods are scarce.
c. exhaustible resources are abundantly available.
d. exhaustible resources are scarce.
e. governments have unlimited money.
Brief Explanations
- Option A: Inexhaustible resources (like solar energy) are not limited.
- Option B: Both tangible (e.g., a book) and intangible goods (e.g., a service) can be scarce.
- Option C: Exhaustible resources (like fossil fuels) are not abundantly available as they take a long time to form and are being depleted.
- Option D: Exhaustible resources are scarce because they can be used up.
- Option E: Governments do not have unlimited money; they have budgets and financial constraints.
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D. Exhaustible resources are scarce.