11
QuizMultiple Choice

Resources and Scarcity

Question 11 • * HSA 26-27 Economics

How would a manufacturer benefit by using fewer scarce resources?

Answer
A
The product would be less expensive to produce.
B
The product would better satisfy consumer needs.
C
The product would be popular and readily available.
D
The product would provide a more satisfactory profit.

Explanation

Using fewer scarce resources lowers the amount the manufacturer must spend on inputs, such as materials and energy. That reduces the cost of producing the product, so the correct choice is “The product would be less expensive to produce.” A higher profit might result if the savings exceed any other costs, but that is not guaranteed.

AI-written and checked against the verified answer.

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