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Question
the chess club needs to raise money for tournament uniforms. some members want to sell energy drinks at a football game to raise funds, but others want to organize a car wash in the school parking lot.
based on the concept of scarcity, which thought should drive members decision-making process to determine how to fundraise?
where will unsold energy drinks be stored?
is there enough consumer demand for a car wash?
will the concession stand be open during the big game?
are there enough volunteers to work a car wash?
Scarcity refers to limited resources relative to unlimited wants. Volunteers are a limited resource; if there are not enough volunteers, the car wash cannot be executed, making this a scarcity-driven consideration. The other options focus on logistics or demand, not the core limited resource constraint that defines scarcity.
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D. Are there enough volunteers to work a car wash?