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Km5y5atmarksJa
Km5y5atmarksJa Km5y5atmarksJa
  • 15-12-2015
  • English
Answered

While shopping you discover that your favorite department store has lowered the price on a new MP3 player that you wanted to buy. You rush into the store, only to find that they are sold out. What concept does this scenario illustrate?

Alaissez faire
Blaw of diminishing returns
Cscarcity
Dshortage

Verified Answer :

Jaliyah107
Jaliyah107 Jaliyah107
  • 15-12-2015

Narrowing it down Scarcity...it is when it is in short supply
Shortage is when something cant be obtained because  of lack of sufficient amount.

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