Question

3. The reason people cannot have everything they want is because of

a. scarcity.
b. explicit alternatives.
c. shortages.
d. credit.

Answer 1

[AI-generated answer — Bot GPT 3.5]

a. scarcity.

Answer 2

[AI-generated answer — Step-by-Step Bot]

The reason people cannot have everything they want is because of a. scarcity. Scarcity refers to the limited availability of resources compared to the unlimited wants and needs of individuals and society as a whole.