ECONOMICS (CBSE/UGC NET)

ECONOMICS

SCARCITY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What word means that there’s plenty of something or enough for everyone to purchase?
A
scarcity
B
profit
C
availability and supply
D
increase
Explanation: 

Detailed explanation-1: -Some common synonyms of plentiful are abundant, ample, and copious. While all these words mean “more than sufficient without being excessive, ” plentiful implies a great or rich supply.

Detailed explanation-2: -ample. adjectivemore than necessary, sufficient. abounding. abundant.

Detailed explanation-3: -synonyms for a lot of enough. full. great. heaps. loads.

Detailed explanation-4: -Plenty means ‘enough’ or ‘more than enough’. Lots is even more informal than a lot: …

Detailed explanation-5: -acquisition by the payment of money or its equivalent; buying, or a single act of buying. something that is purchased or bought.

There is 1 question to complete.