12
QuizMultiple Choice

Unit Test — Unit test

Question 12 • SLPS - 2109010-M/J World History A

A construction company cannot complete a building because it has too few workers to finish the job. This is an example of which economic principle?

Answer
A
scarcity of labor
B
surplus of capital
C
opportunity cost
D
factors of production

Explanation

The company lacks enough workers, so the limited resource preventing completion is labor. This is scarcity of labor. Opportunity cost is what is given up when choosing one option, while surplus of capital means having excess financial or physical resources.

AI-written and checked against the verified answer.

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